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Three months after closing on a $25 million third round of venture capital, San Jose, Calif., chipmaker Resonext Communications Inc. is extending its take by $14 million with five strategic Asian investors, it expects to announce Monday, June 17.
Crimson Ventures, Hotung Capital Management, Asia Technology Group, Manitou Ventures and Infinity Global have put the cash into the deal originally led by Taiwan's WK Technology Fund and Invesco Private Capital. Previous shareholders include Oak Investment Partners, Norwest Venture Partners and Bessemer Capital. The company has raised $78.5 million total since early 2000.
Resonext CEO David Tahmassebi said the original close...