Tech Industry

SiGe scoops up $42.8 million

SiGe Semiconductor announced Tuesday it raised a $42.8 million second round of funding, led by TD Capital Technology Ventures. 3i US and Prism Venture Partners, as well as previous investors VenGrowth Capital Partners, CDP Capital, Business Development Bank of Canada, Capital Alliance Ventures and Canadian Science & Technology Growth Fund contributed to this round. SiGe, based in Ottawa, has raised a total of $66.1 million. SiGe is a fabless semiconductor company.