Zenverge Closes $30M Series C Financing

Zenverge, Inc., a Cupertino, CA-based developer of Advanced Media ICs, has closed a $30m Series C round of financing led by Battery Ventures.
The company will use the new capital to ramp production and expand marketing and development activities to broaden product offerings.
Existing investors, DCM, Norwest Venture Partners (NVP), and Motorola Ventures, joined Battery Ventures in this round.
In conjunction with the funding, Mr. Ken Lawler, general partner at Battery Ventures, joined tghe company’s board of directors.

Join the discussion