Fresco Microchip Inc., a Markham, Canada-based developer of RF, mixed-signal and digital signal processing integrated circuits (ICs), has raised $9m in Series C financing.
Investors include the Ontario Venture Capital Fund, which joined Fresco’s existing backers Celtic House Venture Partners and Ventures West.
The company intends to use the funds to commercialize its expanded product portfolio and expand in emerging markets.
Led by CEO, president, and co-founder Lance Greggain, Fresco Microchip is a fabless semiconductor company focused on RF, mixed-signal, and digital signal processing architectures. The company serves top tier tuner manufacturers who supply leading consumer electronic brands (TVs, set-top boxes, DVD-Rs, DVRs, and PCs).
Fresco Microchip has design centers in Ottawa, Canada and Irvine, Calif.