& cplSiteName &

Peraso Lands $42M More

Light Reading
News Wire Feed
Light Reading
2/19/2019

TORONTO -- Peraso Technologies Inc., a fabless semiconductor company and leader in the development of mmWave technology and Wireless Gigabit (WiGig®) chipsets, announced today that it has raised an additional $42M in financing.

The funding was co-led by two strategic investors and existing investor Roadmap Capital. This level of funding ranks near the top for all semiconductor companies funded in 2018.

Peraso is currently in production with WiGig IC solutions meant to address next generation WiFi opportunities in the Fixed Wireless Access, as well as wireless networking and 4K wireless video distribution. In the Fixed Wireless Access market, OEMs have concluded that the 5GHz band has become too congested, and as such, continuing to utilize traditional WiFi technology such as 802.11ax offers diminishing returns. The 60 GHz band offers wireless ISPs uncongested spectrum at highly competitive price points.

Peraso Technologies

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
Upcoming Live Events
October 1-2, 2019, New Orleans, Louisiana
October 10, 2019, New York, New York
October 22, 2019, Los Angeles, CA
November 5, 2019, London, England
November 7, 2019, London, UK
November 14, 2019, Maritim Hotel, Berlin
December 3, 2019, New York, New York
December 3-5, 2019, Vienna, Austria
March 16-18, 2020, Embassy Suites, Denver, Colorado
May 18-20, 2020, Irving Convention Center, Dallas, TX
All Upcoming Live Events
Partner Perspectives - content from our sponsors
Edge Computing, the Next Great IT Revolution
By Rajesh Gadiyar, Vice President & CTO, Network & Custom Logic Group, Intel Corp
Innovations in Home Media Terminals for the Upcoming 5G Era
By Tang Wei, Vice President, ZTE Corporation
All Partner Perspectives