Chip developer Commex raises $3.5 million

The company was founded by Yehuda and Zohar Zisapel and Tal Horowitz.

Fabless chip developer Commex Technologies recently raised $3.5 million. This was the start-ups second fund raising round bringing total investments to $12 million.

Participants in the latest round of fund raising were company chairman Yehuda Zisapel and Vertex Venture Capital. VC fund , which invested in the first fund raising round did not participate this time.

The company was founded by Yehuda and Zohar Zisapel and Tal Horowitz.

Published by Globes [online], Israel business news - www.globes-online.com - on March 18, 2009

© Copyright of Globes Publisher Itonut (1983) Ltd. 2009

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