Anadigilog Raises $18M In Series B

Tempe, Arizona-based Anadigilog, a maker of thermal management semiconductors, said this afternoon that it has raised $18M in a Series B financing. Investors in this round included Inlign Capital Partners, Intel Capital, Newbury Ventures, and Shepherd Ventures. According to the firm, previous investors Valley Ventures, Mission Ventures, and Palisades Ventures also participated. The funding will go towards the firm's efforts to penetrate the desktop, notebook, and cooling fan markets and for expansion into additional consumer and industrial markets. More information »