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Home  >  MEMS  > $20M for SiTime...
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Jun 2nd, 2011
 
$20M for SiTime
 
Sunnyvale, CA-based SiTime, which makes silicon-based MEMS timing devices, has raised $20 million in Series E funding, according to a report today in Dow Jones VentureWire.
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Jafco Ventures, Bosch Group, Camp Ventures, CID Group, Grazia Equity, Greylock Partners, New Enterprise Associates, and Northgate Capital participated in the round. SiTime is attempting to break into a market for electronic timing circuits currently dominated by quartz crystal-based devices.

 
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