Canadian semiconductor startup Teradici Corp. has closed an oversubscribed $18 million Series B round of funding led by Alloy Ventures as it plans to take its first product, a chip aimed at helping enterprises manage information technology security and compliance issues, to market this year.
The capital, which took about three months to come together, brings the Vancouver, British Columbia-based startup’s total backing to $28 million after three tranches of a Series A round netted the company $16 million in June 2006.
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