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Electronics Production | April 02, 2008

Provigent raises additional $4m

Chip developer Provigent has raised an additional $4 million in its fourth financing round, boosting the round to $20 million altogether.
Globe reports that Stata Venture Partners, founded by Analog Devices chairman Ray Stata, increased its investment from $1 million to $4 million.

Other investors in the developer of system-on-a-chip (SoC) solutions are Pitango Venture, Sequoia, Delta Ventures, Magma Venture Partners, Globespan, Ascend Technology and Qualcomm co-founder Dr. Andrew Viterbi.
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