Palma Ceia SemiDesign, a Los Altos, Ca.-based provider of analog and RF IP for next-generation WiFi and mobile communications, completed a Series A round of financing.
Dongfang Jingyuan Electron Limited, a China Oriental Group company, was the sole participant in the investment round.
The company intends to use the funds to and accelerate product development and expand into China.
Led by Roy E. Jewell, co-founder and chief executive officer, and Jim Flowers, co-founder and chief operating officer, Palma Ceia delivers analog and RF IP for mixed-signal SoCs, with a focus on emerging standards such as 802.11ac and 802.11ah for WiFi and LTE for mobile communications, targeted for fabrication at advanced process nodes. PCS solutions’ applications include broadband, wireless, medical and automotive products.
FinSMEs
05/10/2015