[November 19, 2009] picoChip Designs secures $20 million in venture funding round Tweet Nov 19, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- picoChip Designs Limited, a UK-based provider of signal processing products for wireless communications, has secured $20 million in a venture funding round from its existing investors. The existing investors includes Atlas Venture, Highland Capital Partners, LLC, Pond Venture Partners, Ltd., Scottish Equity Partners, Rothschild, AT&T Corp., Intel Capital, and Samsung Ventures America. Deal Value (US$ Million) 20 Deal Type Venture Finance Sub-Category Growth Capital/Expansion Deal Status Completed: 2009-11-18 Deal Participants Target (Company) picoChip Designs Limited Acquirer (Company) AT&T Corp. Deal Rationale The investment will strengthen picoChip's balance sheet and fully funds through to IPO. [ Back To TMCnet.com's Homepage ]