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iWatt grabs $7.25 million

iWatt announced Thursday that it has received $7.25 million in a first round of funding, led by Sigma Partners. Other investors included Horizon Ventures and PTI Alliance. Los Gatos, Calif.-based iWatt designs chips to help digitally regulate, manage and control power systems.

iWatt announced Thursday that it has received $7.25 million in a first round of funding, led by Sigma Partners. Other investors included Horizon Ventures and PTI Alliance. Los Gatos, Calif.-based iWatt designs chips to help digitally regulate, manage and control power systems.