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Ellipsis seals first round

Broadband chipmaker Ellipsis Digital Systems raised $4.3 million from private investors in its first round of funding, the company announced Wednesday. The financing adds to the $3 million the Carlsbad, Calif.-based company raised in its seed round from private investors. Ellipsis will use the cash to continue developing chips for networking gear and consumer-electronics products that are used in wireless LANs (local area networks). The chips will also conform to networking standards such as 802.11a, 802.11b and 802.11g.

Broadband chipmaker Ellipsis Digital Systems raised $4.3 million from private investors in its first round of funding, the company announced Wednesday. The financing adds to the $3 million the Carlsbad, Calif.-based company raised in its seed round from private investors.

Ellipsis will use the cash to continue developing chips for networking gear and consumer-electronics products that are used in wireless LANs (local area networks). The chips will also conform to networking standards such as 802.11a, 802.11b and 802.11g.