Quellan Picks Up $20M

SANTA CLARA, Calif. -- Quellan Incorporated, a leader in Analog Signal Processing and RF Noise Cancellation, today announced that it has closed $20 million in its Series C round of venture financing. The new capital will be used to accelerate production and new products for consumer, industrial and communications markets.

New investors include W.L. Gore & Associates, Inc. (Gore) - a world leader in Electronic Transmission Systems, Harbinger Venture Management - backed by MiTAC, a world leader in GPS Personal Navigation Platforms, JAFCO - a Tokyo based global venture capital firm established in 1973 and Glynn Capital Management - a diversified investment group established in 1975. These new investors join Menlo Ventures, Yamacraw Capital Seed Fund, Cordova Ventures, Samsung Ventures America, and VentureTech Alliance.

The Company also announced that Robert C. Dobkin has made an investment in the company and has joined its Advisory Board. Mr. Dobkin is a veteran of the analog semiconductor industry and the Founder of Linear Technologies, a world leader in analog IC's, and currently serves as its Chief Technology Officer and Vice President of Engineering.

"Quellan's combination of high-growth market focus, unique technology and a proven team make it an exciting investment opportunity as well as technically interesting" said Robert Dobkin, CTO and VP of Engineering at Linear Technology. "Interference noise has been the pre-eminent limiting factor in communications for decades and Quellan has a unique method to mitigate it."

Quellan Inc.