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Peregrine Semiconductor, a supplier of high-performance integrated circuits for satellite, wireless and wireline communications, has raised $7.5 million in the third and final tranche of its $23 million series A1 round.

Australian venture firms Technology Venture Partners and Australasian Media and Communications Fund joined existing investors Morgenthaler Ventures, Wasserstein Ventures, APAX Partners, Newlight Associates, CSK Ventures, CDIB Ventures, H&Q Global Alliance, Intel Capital, Needham Capital Partners and Roser Ventures. Peregrine (San Diego, Calif.) said it would use the new investment to expand its product offering, worldwide sales and support, and business operations to meet market demand.

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