91.1 F
San Fernando
Thursday, Mar 28, 2024

Fulcrum Raises $29 Million in Funding

Semiconductor developer Fulcrum Microsystems raised $29.9 million in its fifth round of funding, the company announced. Calabasas-based Fulcrum has raised a total of $100 million since its founding in 2000. The latest round of funding came from Granite Ventures, Infinity Capital, New Enterprise Associates, and Palomar Ventures and closed on April 28. At the Interop show in Las Vegas, Fulcrum executives announced an alliance with nine companies enabling communications equipment providers to create switching technologies with Fulcrum’s chips more easily.

Featured Articles

Related Articles