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Industry | 2010.02.24

Newport Media Closes $15 Million Series D Financing

LAKE FOREST, Calif.--(BUSINESS WIRE)--Newport Media, an innovative fabless semiconductor company supplying products to the mobile broadcast media industry, today announced the successful completion of its Series D financing, having raised $15 million. The round was led by Pinnacle Ventures with participation from previous investors Benchmark Capital, Venrock, Global Catalyst Partners, Oak Investment Partners and DAG. “Completion of Series D financing signifies Newport Media’s evoluti

 

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