BroadLogic Lands $20 Million in Funding

BroadLogic Lands $20 Million in Funding

Alan Breznick, Cable/Video Practice Leader, Light Reading

November 11, 2004

1 Min Read
BroadLogic Lands $20 Million in Funding

BroadLogic Network Technologies, a supplier of semiconductor chipsets to the broadband industry, has secured $20 million in venture capital from Time Warner, Cisco Systems, Intel Capital, Rho Ventures and several other major investors. Based in Silicon Valley, BroadLogic designs chipsets for cable modems, digital cable set-top boxes, digital video recorders (DVRs) and other devices. Besides leading the latest investment round for BroadLogic, Time Warner will take a seat on BroadLogic's board of directors. Mike Hayashi, senior vice president of advanced engineering and subscriber technologies for Time Warner Cable, will represent the MSO. Rho Ventures will also gain a board seat. Mark Leschly, managing partner of Rho, will represent his company. The other investors joining in the Series C round of financing include August Capital, CDIB Venture Management, Levensohn Venture Partners, Presidio Venture Partners and Walden International.

About the Author(s)

Alan Breznick

Cable/Video Practice Leader, Light Reading

Alan Breznick is a business editor and research analyst who has tracked the cable, broadband and video markets like an over-bred bloodhound for more than 20 years.

As a senior analyst at Light Reading's research arm, Heavy Reading, for six years, Alan authored numerous reports, columns, white papers and case studies, moderated dozens of webinars, and organized and hosted more than 15 -- count 'em --regional conferences on cable, broadband and IPTV technology topics. And all this while maintaining a summer job as an ostrich wrangler.

Before that, he was the founding editor of Light Reading Cable, transforming a monthly newsletter into a daily website. Prior to joining Light Reading, Alan was a broadband analyst for Kinetic Strategies and a contributing analyst for One Touch Intelligence.

He is based in the Toronto area, though is New York born and bred. Just ask, and he will take you on a power-walking tour of Manhattan, pointing out the tourist hotspots and the places that make up his personal timeline: The bench where he smoked his first pipe; the alley where he won his first fist fight. That kind of thing.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like