Kandou, a Lausanne, Switzerland-based fabless semiconductor company, raised $92.3M in Series C funding.
Participants in the funding include both existing investors, led by Bessemer Venture Partners, and two new investors, Climb Ventures, and Swiss Select Opportunities managed by Flexstone Partners. The total investment in the company to date is $132.8m.
Led by Amin Shokrollahi, Founder and CEO, Kandou provides high-speed, energy-efficient, chip-to-chip link solutions.
Proceeds from Series C will be used to bring the company’s first silicon product known as Matterhorn, a USB-C® multiprotocol retimer solution with support for USB4™, to market to enable consumer and networking applications for electronic devices. Additionally, funds will be used for ongoing development of Chord™ signaling technology and Glasswing™ ultra-short reach (USR) SerDes intellectual property (IP).
The company has offices in Europe, North America and Asia.