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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.

Dawn Kawamoto
Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
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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 has raised a total of nearly $50 million. The company designs chips and then licenses the technology.