Press Releases

Cswitch Closes $30 Million Second Round Investment

Santa Clara, CA — May 30, 2006 — Cswitch Corporation today announced the completion of its second round of funding to develop an advanced, low power SOC for a wide range of communications applications. The new round was led by GF Private Equity (www.gfprivateequity.com) and Harris & Harris (www.tinytechvc.com) and included existing investors ATA Ventures (www.ataventures.com), Charles River Ventures (www.crv.com) and Bay Partners (www.baypartners.com). Masters Capital, Mitsubishi UFJ Capital Co.,Ltd. (www.mucap.co.jp) and Micron Ventures (www.micron.com/ventures) also participated in the investment.
“We are pleased to have completed our second round of funding which will allow us to complete the development of our first product and to ramp initial customer designs,” said Doug Laird, President and CEO of Cswitch. He added, “We have had tremendous interest from our initial alpha customers who are looking for innovative SOCs to build their next generation communications platforms.

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Cswitch, a privately held company, was founded in late 2003 by former executives of Transmeta Corporation and SGI. Cswitch and the Cswitch Logo are Trademarks of Cswitch Corporation. For more information please contact: press@cswitch.com.

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