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Pixim raises $15M new funding

March 07, 2007
From: Silicon Valley / San Jose Business Journal

Pixim Inc. said Wednesday it received $15 million in additional funding.

Mountain View-based Pixim, which focuses on digital pixel technology and image-capture for the security market, said investors included Palo Alto-based Tallwood Venture Capital, Menlo Park-based Mayfield Fund, and Ridgewood Capital, which has an office in Palo Alto.

The company said it will use the funding to accelerate new product development and for general working capital purposes.

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