Flex Logix Raises $5M in Series B Funding

Flex Logix Technologies, Inc., a Mountain View, CA-based supplier of embedded FPGA IP and software, secured $5m in Series B equity financing.

The round was led by existing investors Lux Capital and Eclipse Ventures, with participation from the Tate Family Trust.

The company, which has raised more than $12m in venture capital, intends to use the funds to expand its sales, applications and engineering teams.

Founded in March 2014 and led by Geoff Tate, CEO, Flex Logix provides solutions for reconfigurable RTL in chip and system designs using embedded FPGA IP cores and software. The company’s technology platform can be used with networking chips with reconfigurable protocols, datacenter chips with reconfigurable accelerators, deep learning chips with real-time upgradeable algorithms, base stations chips with customizable features for multiple markets, MCU/IoT chips with flexible I/O and accelerators, and aerospace/defense applications including rad-hard embedded FPGA.
The company has sales rep offices in China, Europe, Israel, Japan, Taiwan and Texas.



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