RedMere, a supplier of smart active cable solutions, has secured US$5.6m in Series B funding.
The round was led by Toronto, Canada-based Celtic House Venture Partners, with participation from EdgeStone Capital Partners and Enterprise Equity.
The company, which provides cable-embedded semiconductors and advanced cable reference designs to cable industry leaders and manufacturing partners, will use the funds to expand into the Smartphone markets.
RedMere is headquartered in Dublin, EIRE, with a design centre in Cork and Taiwan office in Taipei.
FinSMEs
11/12/2009