China-based AltoBeam Seals $6M Series C

Beijing-based AltoBeam has raised $6 million in a Series C financing round led by US Venture Partners. Existing shareholders DFJ DragonFund, Tano Capital, and PYJ-Dynasty Venture Fund also contributed to the round. AltoBeam designs semiconductor technology used in television manufacturing. US Venture Partners is based in Menlo Park, Calif. USVP partners Irwin Federman and David Liddle will join AltoBeam’s board as a result of the financing.

13 December 2010•1 min read
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