BroadLogic Network Technologies, a start-up based in San Jose, California, raised $20 million in Series C funding for its broadband chipsets. BroadLogic supplies chipsets for subscriber-premises devices such as cable modems, advanced digital set-top boxes, DVRs, and new service platforms.
The new funding was led by Time Warner Investments and Rho Ventures. Also joining in the round are previous BroadLogic investors Cisco Systems and Intel Capital as well as August Capital, CDIB Venture Management, Levensohn Venture Partners, Presidio Venture Partners, and Walden International. http://www.broadlogic.com
- BroadLogic is developing “WideBand” technologies to “deliver unprecedented levels of performance when compared to conventional implementations of tuning, demodulation, MPEG decoding and NTSC/PAL/SECAM encoding. “