Friday, June 15, 2007

WiQuest raises $28M

"WiQuest Communications Inc., a fabless semiconductor company focused on the design and production of ultrawideband-based wireless silicon solutions, said that its Series C round of funding has closed.
The round attracted $23 million in private equity financing and up to $5 million in growth capital financing.
The round added Adams Street Partners, the D. E. Shaw group, and TriplePoint Capital to its list of investors. This round also included the full participation of existing WiQuest investors Sequoia Capital, Menlo Ventures, Palomar Ventures and iD Ventures America."

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