UltraSoC, a Cambridge, UK-based technology startup whose products put intelligent self-analytic capabilities in the systems-on-chip (SoCs) at the heart of today’s consumer electronic, computing and communications products, closed a £5m equity funding round.
Backers included eCAPITAL, Seraphim Capital, Indaco Venture Partners, Octopus Ventures, Oxford Capital, Techgate, and business angel Guillaume d’Eyssautier.
In conjunction with the funding, Willi Mannheims, Managing Partner at eCAPITAL, and James Bruegger, Managing Partner and Investment Director, Seraphim Capital, join the UltraSoC board as investor director and observer respectively.
The company intends to use the funds to:
– recruit hardware and software engineers at its headquarters in Cambridge, UK, and design center in Bristol UK,
– open an engineering center in Warsaw, Poland to develop its data science and machine-learning technologies,
– expand its network of customer support engineers globally, and
– increase its commercial presence in key markets, including Europe, the USA, Japan and China.
Led by Chairman Alberto Sangiovanni-Vincentelli, and CEO Rupert Baines, UltraSoC is a developer of analytics and monitoring technology at the core of the systems-on-chip (SoCs) that power today’s electronic products. The company’s embedded analytics technology allows product designers to add advanced cybersecurity, functional safety and performance tuning features.
The technology, delivered as semiconductor IP and software to customers in the consumer electronics, computing and communications industries, is used by Seagate, C-SKY, Esperanto, Kraftway and Microchip.