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Peregrine restarts with $23 million

Peregrine Semiconductor announced Monday it raised $23 million in a restart funding round, led by Morgenthaler Ventures. Other investors included Technology Venture Partners, Australasian Media and Communications Fund and previous investors Wasserstein Ventures, APAX Partners, Newlight Associates, CSK Ventures, CDIB Ventures, H&Q Global Alliance, Intel Capital, Needham Capital Partners and Roser Ventures. The San Diego, Calif.-based company has raised a total of eight rounds and $95 million, including this latest A-1 restart round. Peregrine Semiconductor makes high-speed communications integrated circuits for the wireless, satellite and broadband cable markets.