UMC invests in Smart Grid provider Trilliant

Taiwan-based UMC Capital, the corporate venture arm of semiconductor foundry United Microelectronics Corporation (UMC), has invested in Trilliant, a provider of Smart Grid communications.

UMC Capital joins Investor Growth Capital, VantagePoint Venture Partners, ABB and GE in Trilliant’s latest round of financing.

To further support utility customers in the region, Trilliant is opening a corporate office for the Asia Pacific market.

Along with the investment, UMC will be assisting Trilliant with its planned market expansion.