June 18, 2009, Palo Alto, CA – Woodside Capital Partners LLC is pleased to announce that it acted as financial advisor to Silicon Clocks, a leader in integrated timing solutions for electronic systems, on its recently completed $10.3M Series C financing. The financing will enable the company to ramp into full production the J-Series family of low jitter timing products, as well as transition its cutting edge CMEMSTM (Standard CMOS + MEMS) process technology into commercial products. All of the company’s previous investors participated in the financing, including Tallwood Venture Capital, Charles River Ventures, Formative Ventures and Lux Capital. The round also included Austin-based Silicon Labs (NASDAQ: SLAB), a leader in mixed-signal innovation in CMOS.
About Silicon Clocks
Silicon Clocks, a fabless semiconductor company headquartered in Silicon Valley, develops best-in-class integrated timing products based on its modular CMEMSTM (Standard CMOS + MEMS) process technology platform.
Serving a range of electronic systems including high speed serial data, wireless communications and consumer products, Silicon Clocks delivers improvements in performance, reliability and flexibility combined with reductions in power, size, and part count to provide significant system cost savings. For more information, visit www.siliconclocks.com .
About Silicon Labs
Silicon Laboratories is an industry leader in the innovation of high-performance, analog-intensive, mixed-signal ICs. Developed by a world-class engineering team with unsurpassed expertise in mixed-signal design, Silicon Labs’ diverse portfolio of highly-integrated, easy-to-use products offers customers significant advantages in performance, size and power consumption. These patented solutions serve a broad set of markets and applications including consumer, communications, computing, industrial and automotive.
Headquartered in Austin, TX, Silicon Labs is a global enterprise with operations, sales and design activities worldwide. The company is committed to contributing to our customers’ success by recruiting the highest quality talent to create industry-changing innovations. For more information about Silicon Labs, please visit www.silabs.com .
About Woodside Capital
Woodside Capital Partners, LLC is an investment banking firm, with offices in Silicon Valley and London, specializing in Merger & Acquisition work for emerging growth technology companies. All securities activities are conducted through WCP UK Ltd, an FSA approved entity, and 3C-WC Partners, LLC, a registered broker-dealer and member of SIPC and FINRA . Woodside Capital Partners, LLC and 3C-WC Partners, LLC are affiliated companies.