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May 18, 2007
Dublin's Redmere Raises Another $5M
Redmere Technology, a fabless semiconductor startup, has raised an additional US$5M to top up the US$13.5M it raised six months ago.
The new investor is Edgestone Capital Partners out of Canada, and Celtic House Venture Partners, added more to its earlier commitment (Celtic was co-founded by Terry Matthews Canadian/British tech entrepreneur Terry Matthews -- we like this VC's tagline: "luck's got nothing to do with it" )
RedMere chips support connectivity of HDMI (high-definition multimedia interface) devices, such as flat panel TV, sound systems, and media centre gear.
Read - Ireland's Redmere Taps (a:c euro)
Read - RedMere attracts US$5m investment (silicon republic)
Posted on May 18, 2007 05:05 AM | Posted to News And Updates | Permalink
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