Touchstone Semiconductor, Inc., a developer of high-performance analog integrated circuit solutions, announced that it has received $12 million in Series A funding. Silicon Valley venture capital firms Opus Capital and Khosla Ventures were the primary investors. Touchstone Semiconductor was the only semiconductor company in Silicon Valley to receive Series A funding in the year 2010. The investment is being used for research and development, marketing, and sales for Touchstone’s growing family of high-performance analog integrated circuits.
A group of industry experts from Maxim Integrated Products, Linear Technology and Analog Devices formed Touchstone in 2010 to build a high-performance analog company. Touchstone states that its proprietary products offer a unique combination of features and performance that cannot be found elsewhere in the analog market. Touchstone’s second-source products are pin-compatible and specification identical to competitive offerings, providing an ideal alternative for hard-to-secure sole-sourced products.