Kilopass Technology, Inc., a Santa Clara, Calif.-based provider of semiconductor logic non-volatile memory (NVM) intellectual property (IP), received an $8m funding.
The backer was an undisclsed major consumer electronics licensee.
Kilopass embedded NVM is mission critical to the customer’s current and future products. The funding reflects a commitment to Kilopass technology and confidence in its memory expertise to successfully address the customer’s future product needs. Kilopass will use the capital infusion to aggressively expand the company’s technology roadmap and market presence.
Led by Charlie Cheng, CEO, Kilopass supplies embedded NVM intellectual property, which leverages standard logic CMOS processes to deliver one-time programmable (OTP) and many-time programmable (MTP) memory.
The company has more than 150 customers in applications ranging from storage of firmware and security codes to calibration data and other application-critical information.