LOS GATOS, Calif.-Amalfi Semiconductor announced it has secured $12 million in Series A financing, which it will use to develop and market a new generation of RF IC solutions.
“Amalfi’s products will address large existing markets, with solutions that provide compelling value,” said Gus Tai, general partner of Trinity Ventures, which contributed to the financing, and a member of Amalfi’s board. “After talking to many wireless companies, we determined that they were uniquely positioned to offer an exciting investment opportunity.”