UK-based picoChip, which supplies femtocell chips and software, has raised another $20 million in funding from existing investors Atlas Venture, Highland Capital Partners, Intel (NSDQ: INTC) Capital, Pond Ventures, Rothschild, Samsung, and Scottish Equity Partners to add to the $20 million in raised just last November. The company, which is based in Bath, will use the investment to expand the company, which includes additional hiring at its development centers in both the UK and in Beijing, China.
picoChip

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