Mass High Tech - March 2, 2006

Aegis Semiconductor secures $8M in fourth round

Woburn’s Aegis Semiconductor has closed on $8 million in Series D financing, bringing the company’s total investment to more than $30 million.

Participating in the round was existing investors including Vesbridge Partners, Alta Partners, Technology Venture Partners and Megunticook Management. The funding will be used to expand capacity in response to growing customer demand, and to augment the company’s product platform, according to Aegis officials.

Aegis Semiconductor is a privately held company that builds technology for intelligent optical networks.

Last summer the company spun out its thermal imaging technology into a new entity, RedShift Systems Inc., based in Waltham.