UltraSoC, a Cambridge, UK-based semiconductor company, completed a £5m ($6.4m) funding round.
The round was led by Atlante Tech with participation from new investors Enso Ventures, Oxford Capital, and CEO and serial entrepreneur Guillaume d’Eyssautier and existing investors Octopus Ventures and South East Seed Fund (FSE Group). As part of the funding, Miles Kirby of Oxford, Kirill Mudryy of Enso and Alvise Bonivento of Atlante will join the UltraSoC board, alongside existing investor representative Luke Hakes (Octopus), board Chair Chris Gilbert and non-executive director Chris Wade.
The company intends to use the funds for continued deployment of its technology and realize its vision of embedding intelligent analytics capabilities into every chip.
Led by Rupert Baines, CEO, UltraSoC provides a suite of semiconductor IP that allows chip designers to integrate an intelligent analytics infrastructure into the core hardware of their devices. By monitoring and analyzing the real-world behavior of entire systems via UltraSoC’s intelligent analytics embedded in the silicon, engineers can take action to reduce system power consumption, increase performance, protect against malicious intrusions, and ensure product safety. These capabilities address applications in a broad range of market sectors, from automotive and IoT products, to at-scale computing and communications.
Amongst others, HiSilicon (Huawei), Imagination Technologies, Movidius (now Intel), and Microsemi all use UltraSoC technology in their designs.
FinSMEs
26/05/2017