Canada, Fresco Microchip Raises C$10M

Fresco Microchip Inc., a developer of signal processing integrated circuits (ICs), closed a C$10m financing round led by Celtic House Venture Partners and Ventures West.
Fresco will use the funds to expand its commercial activities and bring new products to market.
Its demodulators and IF processors enable television tuner can manufacturers to build low cost, ultra-thin products with improved picture quality.
Founded in 2004, the company is headquartered in Toronto, Canada, with design centers in Ottawa, Canada and Irvine, California.

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