VC-Backed Javelin Semiconductor Acquired by Avago

Javelin Semiconductor, an Austin, TX-based provider of mixed-signal power amplifiers and semiconductors for wireless communications, has been acquired by Avago Technologies (NASDAQ: AVGO). Sevin Rosen Funds and Silverton Partners were early VC investors in Javelin, which raised more than $21 million in venture funding since its founding in 2007, and exited upon the acquisition. Avago, which produces similar products as Javelin, went public in 2009 following four years as a portfolio company of KKR and Silver Lake.

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