BridgeCo has raised $23 million in a fourth round of venture financing..the company, originally founded in Zurich, Switzerland, but now headquartered in LA, provides processors and middleware for home networking.
The financing round was led by Advent Venture Partners and Wellington Partners, who were joined by all of BridgeCo’s third round investors: Benchmark Capital, Cipio Partners (formerly Infineon Ventures), Earlybird Venture Capital, Fidelity Ventures and Intel Capital.
The money would be used to accelerate product development and market adoption the company said.
Some more info here.
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