LOS GATOS, Calif. -- Amalfi Semiconductor Inc., a fabless semiconductor company specializing in low-power RF design, said Thursday (August 28, 2003) that it has secured $12 million in Series A financing.
The money is to be used to develop and bring to market certain RF integrated circuits, the company said. The round was co-led by Doll Capital Management and Trinity Ventures.
"At Amalfi we believe that the best solutions come from applying a systems perspective and an amazingly talented engineering team to today's most challenging business opportunities," said Jim Finch, Amalfi's chief executive officer, in a statement. "
Gus Tai, General Partner of Trinity Ventures and a member of the board of directors of Amalfi remarked: "Amalfi's products will address large existing markets, with solutions that provide compelling value. After talking to many wireless companies, we determined that they were uniquely positioned to offer an exciting investment opportunity."