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AmberWave raises $25 million

AmberWave Systems announced Thursday that it received a $25 million second round of funding. Adams Capital Management, Arch Venture Partners, Dow Chemical, TeleSoft Partners, and the Hillman Co. contributed to the latest round. Salem, N.H.-based AmberWave has raised a total of nearly $50 million. The company designs chips and then licenses the technology.

AmberWave Systems announced Thursday that it received a $25 million second round of funding. Adams Capital Management, Arch Venture Partners, Dow Chemical, TeleSoft Partners, and the Hillman Co. contributed to the latest round. Salem, N.H.-based AmberWave has raised a total of nearly $50 million. The company designs chips and then licenses the technology.