EL SEGUNDO, Calif.-TelASIC Communications Inc. said it has raised $26 million in a series D round of financing.
The company, which develops analog and mixed-signal integrated circuits and sub-systems for the third-generation wireless infrastructure market, said ComVentures led the round.
“ComVentures believes wireless base station technology is undergoing significant change as operators seek to reduce capital and operating expenses, reduce dropped calls and add high-speed data services,” said Jim McLean, a partner with ComVentures.
