Frontier Silicon Raises Gbp16 Million

Frontier Silicon, a London-based provider of IC solutions for mobile television and digital audio products, has raised Gbp16 million in new VC funding. Mitsui Private Equity led the deal, and was joined by Cheyne Capital Management, Plutus Capital Management and return backers Apax Partners, GLG Partners, ACT Venture Capital, Alta Berkeley and BlueRun Ventures.