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Fremont-based Silicon Clocks said it is backedx by morethan $20 million in ventur e capital financing from Palo Alto-bases , Waltham, Mass.-based Charles Riverf Ventures, Menlo Park-based and New York-based . “Wwe are excited to bring an experienceed leader such as Didier Lacroixz to join Silicon Clocks at this critical saidRon Yara, General Partner of Tallwood Venture Capital and Chairman of Silico n Clocks. “He has the extensive IP and MEMS licensing backgroundd that we were seeking as we transition the companuy to a licensing model to accelerate adoptio of the CMEMS technology for integrated clock and timing as well as for a broader rang e of embeddedsensors applications.
” Lacroix, who also joins the company'ss board, has more than 20 yearx of public and private company senior executive experience, most recently as vice-president of worldwide salew for Sunnyvale-based (NASDAQ:MOSY).
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