Intellon raises $18 Million in financing

Posted by Tim Higgins (SmallNetBuilder)

Leading HomePlug chipmaker Intellon Corporation yesterday announced it has raised $18 million in new equity financing. Samsung Ventures joins existing investors BCE Capital; Comcast Interactive Capital; Duchossois Technology Partners; EnerTech Capital; Fidelity Ventures; Goldman, Sachs & Co.; Intel Capital; Liberty Associated Partners, LP; Motorola Ventures, the strategic investment arm of Motorola, Inc.; TL Ventures; and UMC Capital Corporation in the financing round. The round was led by Goldman Sachs.

Read the complete story here. (Smallnetbuilder)