AnDapt, a Santa Clara, California provider of analog and digital adaptive solutions for enterprise power electronics, received an investment from Intel Capital.
The terms of the transaction were not disclosed.
The company intends to use the funds to develop and produce smart power and smart sensor hub semiconductor integrated circuits.
Led by CEO Kapil Shankar, AnDAPT develops analog adaptive products for multi-function sensor integration and integrated system power management to enable enterprise customers to build on-demand mixed signal ASSPs instantaneously, which are used for power, sensors and the Internet of Things in markets that range across the enterprise, computation, consumer, gaming, industrial, medical and automotive segments.
FinSMEs
09/11/2014