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XMOS adds Bosch, Huawei, and Xilinx as strategic investors to complete $26 million investment round.
July 22, 2014
BRISTOL, UK -- XMOS Ltd. the fabless semiconductor company and leader in intelligent multicore microcontrollers, has today announced the completion of a $26.2m Series-D investment round, adding Robert Bosch Venture Capital GmbH of Germany, Huawei Technologies, a leading global information and communications technology (ICT) solutions provider and Xilinx Inc. from the USA as strategic investors in the company, alongside existing financial investors that include: Amadeus Capital Partners, DFJ Esprit, and Foundation Capital. XMOS will use the new funding to extend its market leadership in multicore technology for embedded applications by expanding customer support and accelerating new product development.
“This funding from major industry players alongside leading technology investors represents a resounding validation for our multicore technology and highlights the growing strength and importance of our business,” said Nigel Toon, CEO at XMOS. “Each of these important new partners will bring major strategic value alongside their significant financial investment in the business. This will help us in our mission to build XMOS into a major fabless semiconductor company.”
XMOS Ltd.
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