SVTC Technologies is a San Jose, California based chip design company.  SVTC designs chips that are implemented into analog components and micro-machine devices.  SVTC spun out of Cypress Semiconductor.

Investors in SVTC include Tallwood Venture Capital and Oak Hill Capital.  Tallwood and Oakhill bought SVTC two years ago for $53 million.  SVTC then bought SEMATECH and merged the companies into SEMATECH’s Advanced Technology Development Facility (ATDF).  This gave SVTC the ability to double capacity.

SVTC plans to take on bigger chip companies that use a lot of capital to conduct fabrication processes.  SVTC’s factories have the ability to handle a variety of chip materials and designs.  About 300 people work for SVTC

[via VentureBeat]

Federated Media, the ad broker company that was started and run by John Battelle is rumored to have raised $50 million based on a $200 million pre-investment valutation from Oak Hill Capital Partners. John Battelle is founder of Wired and author of a book written about Google.

The funding source originates from a blog post written by Eric Eldon on VentureBeat. Savvian, the investment banking firm that Battelle acknowledge hiring supposedly helped with brokering the deal. FM has not confirmed the deal though.

In terms of revenue, FM supposedly earned $20-$23 million over the last year and is expected to earn $60 million this year. Federated Media brokers ads for Alarm:CLock, AltSearchEngines, Ars Technica, BoingBoing, GigaOm, Guy Kawasaki’s personal blog, LiveSide, Mashable, ReadWriteWeb, Sphere, TechCrunch, Techdirt, VentureBeat, and Wikia.