Bristol-based XMOS Semiconductor has secured $16 million venture capital funding for their reprogrammable Software Defined Silicon (SDS) chip technology. The unique chips provide consumer electronic system designers with an adaptable, economic alternative to standard products by eliminating the need for time-consuming redesign or expensive reprogramming.
The funding is provided by Foundation Capital and existing investors Amadeus Capital Partners and DFJ Esprit. Dr Hermann Hauser of Amadeus says, 'the speed at which the company's technology has moved from University science to a commercial proposition has been remarkable. Customer reaction has been extremely positive and SDS has the opportunity to be a truly disruptive technology'.
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Tags: Bristol, Funding
