TeraLogic announced on Thursday it had raised $17.5 million for its fifth round of funding, led by previous investor Citicorp. TopSpin Partners, along with previous investors Sony, Samsung Electronics, Mitsubishi Electric, The Mayfield Fund, Levensohn Capital, New York Life and Vertex, contributed to this latest round. Mountain View, Calif.-based TeraLogic develops integrated circuits and software for the digital TV industry. The company's products are designed to reduce the cost of enabling devices to receive high definition television. The company has raised a total of $90 million.
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