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GCT Semiconductor Closes $30 Million Venture Capital

Wednesday, May 15, 2013 5:34:00 AM PDT | VentureDeal
   San Jose, California  --  GCT Semiconductor has received $30 million in venture capital equity financing, according to a filing with the SEC.

GCT is a fabless semiconductor company that designs and sells chips to the wireless communications industry.

Investors in the financing were not disclosed.

The company is still seeking $35 million in additional financing, according to the filing.

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