Follow The Money: 10 Recent Tech VC Investments To Watch In October

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HQ: Austin, Texas

CEO: Barry Evans
New Funding: $55 million
Round: C
Backers: Austin Ventures, Vulcan Capital, ARM, Advanced Technology Investment, Battery Ventures, Flybridge Capital Partners, Highland Capital Partners

Observers of the chip market have taken a keen interest in Calxeda, which specializes in low-power, ARM-based processors that more efficiently handle the data demands of cloud computing and rich media. Calxeda touts that its server processors deliver as much as ten times improvement in energy efficiency compared to x86-based servers from the likes of Intel and AMD.

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