BridgeCo Raises $17M

Los Angeles-based BridgeCo said this morning that it has raised an additional $17M for its digital home networking components. The new round came from ETV Capital, along with prior investors Advent Venture Partners, Balderton Capital, Cipio Partners, Earlybird Venture Capital, Fidelity Ventures, Intel Capital, and Wellington Partners. BridgeCo develops processors and software used for networking audio components and systems; the firm is targeting its silicon for use in digital media players, musical instruments, and other audio equipment. BridgeCo last raised a round of funding last June, worth $23M. More information »