BridgeCo raises US$ 17mn in latest round of financing

August 30, 2007 – BridgeCo, a US provider of digital home networking solutions, has recently raised US$ 17mn in a venture financing round.

ETV Capital joined existing investors Advent Venture Partners, Balderton Capital, Cipio Partners, Earlybird Venture capital, Fidelity Ventures, Intel Capital and Wellington Partners for this latest round.

“BridgeCo has succeeded in becoming a strategic vendor to several global consumer brands, supplying key components that are embedded into flagship audio products,” commented George Coelho, Chairman of BridgeCo.  “The investors are excited by BridgeCo’s rapid growth and pre-eminent market position, and by this financing are helping it to maintain its global leadership in this market segment.”