Icera investor funding accelerates market share

Icera, a mobile broadband semiconductor company, has announced that its investors have provided a further $45m (£31m) in equity capital to accelerate the growth of its market share. 

All existing preferred shareholders, including Accel Ventures, Amadeus Capital Partners, Atlas Venture, Balderton Capital and DFJ Esprit, participated fully in the funding round.

The financing will provide additional funding for the company’s expansion into the smartphone market.