Efinix Completes $9.5M Funding Round

EfinixTM, a Santa Clara, CA-based developer of programmable product platforms and technology, completed a $9.5m funding round.

The round was led by Xilinx, and Hong Kong X Technology Fund (HKX), with participation from Samsung Ventures Investment Corporation, Samsung Electronics’ investment arm, Hong Kong Inno Capital and Brizan Investments.

The company intends to use the funds to accelerate the market deployment of its Quantum™ programmable technology with a focus on deep learning and compute acceleration.

Led by Sammy Cheung, co-founder, CEO, and president, Efinix provides a Quantum programmable technology that enables advanced programmable silicon products in the ASIC, ASSP, and FPGA segments. The company’s products address the needs of high-volume, low-power, and small form-factor products for applications in custom logic, compute acceleration, and deep learning.

FinSMEs

26/09/2017

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