Venture-Backed VeriSilicon Holdings Files For $75M US IPO

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Shanghai-based Chinese semiconductor design company VeriSilicon Holdings Co., Ltd., backed by a slew of U.S. venture investors, has filed for an IPO on the NASDAQ to raise as much as US$75 million, according to a regulatory filing.

No specific pricing information has been determined.

Austin Ventures and Sierra Ventures each holds a 12.09% of the company before the IPO. VantagePoint Venture Partners and Walden Riverwood Ventures owns 6.15% and 5.45%, respectively.

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