DisplayLink Closes $15M Series D Funding Round

DisplayLink Inc., a Palo Alto, CA-based provider of solutions that simplify the connection between monitors and computers using USB, has closed a $15m Series D funding round.

The round was led by new investor Cipio Partners, co-led by existing investor DFJ Espritand included participation from current backers Atlas Venture, Balderton Capital and DAG Ventures.

The company intends to use the funds to continue the roll out of new products.

Led by chairman Graham O’Keeffe, DisplayLink develops hardware and software solutions to enable easy connectivity between monitors and computing devices over standard interfaces such as USB, Ethernet and wireless networks. DisplayLink technology is used in globally branded PC accessories including monitors, universal docking stations, display adapters, projectors, and zero client systems.
Customers include Acer, HP, Kensington, Lenovo, LG, Targus and Toshiba as customers.

FinSMEs

28/09/2011

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