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September 06, 2007
XMOS Semiconductor Defines $16M A Round
Here's another solid tech deal out of Europe today. XMOS Semiconductor, whose claim to fame is a chip platform with the flexibility of an FPGA at a lower cost - in what it calls 'Software Defined Silicon', has raised $16M in a Series A from Foundation Capital, along with its seed investors Amadeus Capital Partners and DFJ Esprit.
The Bristol-based startup, founded two years ago, has made the move from the lab to the market at speed according to its early backers. It also has big buzz in the trade press, despite it just getting ready to sample to lead customers in the next quarter.
We've heard about how much the chip is going to cost and how it can disrupt ASIC and ASSP markets, but we still haven't been given any hints about the applications or markets that will be first to adopt it.
For some background, there's a good write up on Bristol as a chip cluster, the folks that developed the transputer, one of whom is a co-founder of XMOS, and other spinoffs like Lattice Semiconductor in the US in Components in Electronics .
View XMOS
Posted on September 6, 2007 06:03 PM | Posted to News And Updates | Semiconductors | Permalink
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