Samsung and Intel back UK-based PicoChip's $20m sixth funding round.
Two out of PicoChip’s three strategic investors have returned in the sixth round of funding for the UK-based semiconductor maker.
PicoChip raised $20m from its return investors, which included the corporate venturing divisions of technology companies Intel and Samsung but no public mention of US phone operator AT&T, which had previously invested in the company, beyond saying the round was "heavily oversubscribed". The company said it had now raised $110.5m in total.
Its other investors in the series F round…