It's not a startup, and its headquarters are in Cork, Ireland, but three Silicon Valley venture firms have combined in a $21 million funding deal to support supply-chain management startup PCH International Ltd. Round leader Lightspeed Venture Partners joined forces with Norwest Venture Partners and Focus Ventures in the deal, which the company will use to stimulate sales and marketing in the U.S. and Europe while building its service capabilities in China and Southeast Asia.
PCH spent its first nine years as a component sourcing operation for electronics manufacturers, then made a transition in 2005 to full-scale supply chain management. The company says it provides services to three of the top five PC manufacturers and three of the largest five consumer electronics companies. PCH maintains an operational headquarters in Shenzhen, China, and has additional offices in Taipei, Hong Kong, Singapore, Sao Paolo, Austin, Tex., and San Jose, Calif.
-- Paul BonanosSee Sept. 18 press release from BusinessWire
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