Chip Start-Up Tabula Raises $108 Million From Crosslink, DAG Ventures

A Silicon Valley semiconductor start-up has raised one of the biggest funding rounds to come to that sector in years. The $108 million investment in Tabula Inc. is also notable because the company is targeting a market niche–programmable chips–that has attracted a number of other entrants that subsequently went out of business. The latest investment in Tabula brings the total raised by the company to $214 million. The investment was led by Crosslink Capital and DAG Ventures; existing investors include Benchmark, Balderton Capital, Greylock Partners, Integral Capital Partners and New Enterprise Associates.