Inphi Raises $18M

Westlake Village-bsaed Inphi has received another $18M in funding for its precision timing devices and high speed electronic components. Funding came from Cadence Design Systems, as well as existing investors Tallwood Venture Capital, Mayfield Fund, and Walden International. The company said that it would use the funding to expand both development as well as market-focused activities, allowing the company to expand production of Inphi's DDR2 logic devices. More information »