BOSTON, August 8, 2005 – StarGen Inc., a fabless semiconductor company and the first to market with serial interconnect solutions based on the Advanced Switching Interconnect (ASI) standard and PCI Express, announced it has successfully raised an additional $15.5 million round to fund next generation development and sales expansion. This round complements the prior round, closed in June 2004, bringing total capital invested in StarGen for ASI development to $24 million.
Mark Macenka, partner in Goodwin Procter LLP's Technology Companies Practice, represented StarGen in this transaction, along with help from associate Adam Korfhage.