Primarion Raises Venture Round

Torrance-based Primarion, a developer of digital power and I/O mixed signal semiconductors, said yesterday that it has raised an additional investment in its Series D equity funding from W Capital Partners. The round also included investments from existing investors Accel Partners, APV Technology Partners, and Lehman Brothers. According to the company, the investment brings to $22M the amount of financing raised in this round. The company said that it will use the funds to expand its global resources and market presence, and accelerate development of its digital power control solutions. More information »