Private Equity Firm, Atlantic Bridge, Leads $18 Million Investment in Series D Funding Round for SiliconBlue

Based in Santa Clara, California, SiliconBlue is an innovator in custom mobile device solutions. The company has announced on June 29, 2011, that it has raised $18 million in a series D funding round led by the London and Dublin based private equity firm, Atlantic Bridge. Other investors who participated in this funding round include the company’s existing investors, BlueRun Ventures, Crosslink Capital, New Enterprise Associates (NEA), and Apex Ventures.

SiliconBlue Technologies is a leading innovator of mobile device solutions and the company has become attractive to investors because of the wide variety of products that can meet all the needs of mobile device users. Some of the solutions that SiliconBlue offers include applications for hand sets, IP portals, and other important solutions needed by mobile device users today.

One of the bigger solutions that SiliconBlue has designed which has met the biggest demands of mobile device developers are applications that run on low power, thus conserving battery power. The biggest issue with mobile devices is battery power and the power required to run many of the complex mobile devices and smartphones of today.

One of the solutions that SiliconBlue has developed to combat the issue with battery power and the quick consumption of average mobile device batteries. With the new technology developed by SiliconBlue, iCE65 and mobileFPGA devices, which have been designed to minimize battery consumption thus extending battery life by using applications which are designed to minimize both static and active current consumption, allowing mobile device designers to develop mobile devices that meet their needs.

According to Brian Long, General Partner at Atlantic Bridge, his team at the private equity firm is very excited to have SiliconBlue as one of the firm’s portfolio companies. Mr. Long further stated that the leadership position that SiliconBlue has held with the introduction of its 65nm products shows the team at Atlantic Bridge that the company shows great promise in the future.

Atlantic Bridge is a private equity firm that has offices in both London and Dublin. The firm primarily invests in middle market technologies and primarily invests in Europe and North America. Atlantic Bridge primarily invests late stage venture capital into companies who are going into series D or higher. Atlantic Bridge also invests in LBOs and MBOs, as well as other private equity investments. Other companies in Atlantic Bridge’s portfolio include Acision, Nero, PoplarLake, Panda Security, and others.