Print  |  Send  |   

PicoChip set to close fifth financing round

November 06, 2008 //

PicoChip Design Ltd. (Bath, England), a developer of processors and software for communications basestations, is about to close a fifth round of finance, according to CEO Guillaume d'Eyssautier.


LONDON — PicoChip Design Ltd. (Bath, England), a developer of processors and software for communications basestations, is about to close a fifth round of finance, according to CEO Guillaume d'Eyssautier.

D'Eyssautier was speaking at the European Tech Tour Semiconductor Summit held in Montreux, Switzerland, to an audience of venture capital fund managers and executives from semiconductor startups. He did not reveal the size of the investment, or whether the money is for a specific purpose.

As a late-stage startup PicoChip has considerable operating costs and predictions for the markets it seeks to address are likely to be reduced in light of recent global economic events.

Since its formation in 2000 PicoChip has raised $71 million in four rounds with venture capital companies and strategic investors including AT&T, Atlas Venture, Highland Capital Partners, Intel, Pond Venture Partners, Rothschild, Samsung, and Scottish Equity Partners.

As of July 2008 PicoChip had 155 full time employees and operations in the San Jose, Calif.; Shenzhen, and Beijing in China and Seoul, Korea; besides its Bath headquarters. PicoChip's fourth funding round of $27 million closed in June 2007, led by Highland Capital Partners and incorporating Samsung, as well as existing investors.

So far PicoChip has only operated in the digital area, offering a multicore DSP and software to provide basestation functions for a variety of wireless LAN and cellular mobile phone standards. It has partnered with RF chip companies to date.

Related articles:

Wave of consolidation set to hit 4G chip sector

Analysis: Percello puts femtocell baseband on a chip

For industry giants VC means business



All news

PLDs/FPGAs/ASICs,RF & Microwave

Follow us

Fast, Accurate & Relevant for Design Engineers only!

Technical papers     

Linear video channel

READER OFFER

Read more

This month, Cherry is giving away five of its Energy Harvesting Evaluation kits, worth over 266 Euros each, for EETimes Europe's readers to win. Cherry's energy harvesting technology benefit mostly applications where a complex wire assembly and/or batteries would be inappropriate.

The required RF-energy is created by the mechanical actuation of the switch and the data is transmitted...

MORE INFO AND LAST MONTH' WINNERS...

Design centers     

Automotive
Infotainment Making HDTV in the car reliable and secure

December 15, 2011 | Texas instruments | 222901974

Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.

 

You must be logged in to view this page

Login here :