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Short Take: Chip firm snags financing

Billions of Operations Per Second (BOPS), which develops programmable digital signal processors, received $40 million from its latest round of financing. The funds will be used to further the company's growth in the market for programmable DSPs, used in devices such as cell phones and digital cameras. Total investment in the company to date is $49.5 million.

Billions of Operations Per Second (BOPS), which develops programmable digital signal processors, received $40 million from its latest round of financing. The funds will be used to further the company's growth in the market for programmable DSPs, used in devices such as cell phones and digital cameras. Total investment in the company to date is $49.5 million.