SiTime Corporation, the fastest growing semiconductor company, today announced that Innovative Venture Fund, which is co-operated by NEC Capital Solutions (8793:Tokyo) and SMBC Venture Capital, led SiTime's round of financing. All major investors participated in this oversubscribed round. Also, a new partner, Hercules Technology Growth Capital, Inc. HTGC -2.08% , provided a commitment for debt financing to SiTime.
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