XMOS Semiconductor secures 16 million USD for Software Defined Silicon.BRISTOL, England -- XMOS XMOS Cross Media Optimization Studies (Interactive Advertising Bureau) XMOS Cross Media Optimization Study XMOS High Speed Mos Semiconductor, the creator of Software Defined Silicon (SDS 1. (company) SDS - Scientific Data Systems. 2. (tool) SDS - Schema Definition Set. ) chips, has secured 16 million USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. of Series A venture capital funding. The funding is being provided by Foundation Capital and existing investors Amadeus Capital Partners and DFJ DFJ Dysfunkshun Junkshun (Austin, Texas band) Esprit. XMOS has created a new category of semiconductors for consumer electronics applications that need high performance, low manufacturing cost and extreme design flexibility - at a price point and a time-to-market that promises to revolutionise the consumer electronics ASIC (Application Specific Integrated Circuit) Pronounced "a-sick." A chip that is custom designed for a specific application rather than a general-purpose chip such as a microprocessor. and ASSP (Application Specific Standard Part) An ASIC chip that is designed as a generic device for a particular market. Whereas an ASIC is typically used only by its creator, ASSPs are used by many different companies in the design of their products. See ASIC. markets. XMOS's reprogrammable software defined silicon chips provide high volume consumer electronics system designers with an adaptable, economic alternative to standard products. Targeting the $1- $10 price range these devices are ideal for high volume consumer electronics applications where they offer high degrees of flexibility to differentiate products and react quickly to changes in standards or functions. Silicon, development tools and software components will sample to lead customers through Q4 and be broadly available from Q1 2008. XMOS CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. James Foster James Foster may refer to:
"Foundation is very excited to be involved with XMOS and to be able to support the global roll-out of the company's unique technology," said Bill Elmore of Foundation Capital. "As the pioneer in software defined silicon, XMOS is well positioned to dominate the consumer electronics space." Elmore will join the XMOS board of directors. Dr. Hermann Hauser of Amadeus Capital Partners said, "We are delighted to continue our support of XMOS. The speed at which the company's technology has moved from University science to a commercial proposition has been remarkable. Customer reaction has been extremely positive and SDS has the opportunity to be a truly disruptive technology." Hauser will also join the XMOS board of directors. Alan Duncan, a partner with Esprit Capital Partners and a director of XMOS added "We are very pleased with the progress that XMOS has made since our investment last year and have been greatly encouraged by the level of interest in their products already being shown by some of the world's leading consumer electronics companies." Heller Ehrman advised XMOS on the Series A funding round; the investors were advised by Taylor Wessing and Cooley Godward. About XMOS Semiconductor XMOS Semiconductor is developing Software Defined Silicon (SDS) devices, development tools and software IP that will bring low cost flexibility to consumer electronic product design. XMOS technology unifies the hardware and software worlds in one development environment which enables many former hardware functions to be implemented in software. It achieves this through the design of its event driven multi-threaded processor, the XCore, and its XC programming language, the two key components of the XMOS technology. Founded in July 2005 by Prof David May, James Foster and Hitesh Mehta and headquartered in the UK, XMOS Semiconductor is funded by the Sulis Fund and its venture capital investors Amadeus Capital Partners, DFJ Esprit and Foundation Capital. For more information, visit www.xmos.com About Amadeus (www.amadeuscapital.com) Amadeus is one of Europe's leading technology investors. Since its inception in 1997, the firm has backed over 60 companies covering computer hardware and software, mobile and fixed communications technologies and medical technologies. Investments include Cambridge Silicon Radio, producing single chip bluetooth radios for short range connections and floated on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. in 2004, Optos, a manufacturer of laser retinal scanners which had a successful IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. on the London Stock Exchange in 2006, PacketFront, a Swedish company providing systems to manage end-to-end delivery of multiple broadband services, Valista, an electronic payments company and Solexa, the developer of next generation genetic analysis systems, merged with Illumina Inc. In Spring 2007, Amadeus closed its third fund on PS162 million. Amadeus Capital Partners Ltd is authorised and regulated by the Financial Services Authority The Financial Services Authority ("FSA") is an independent non-departmental public body and quasi-judicial body that regulates the financial services industry in the United Kingdom. Its main office is based in Canary Wharf, London, with another office in Edinburgh. . Registered office: Mount Pleasant House, 2 Mount Pleasant, Cambridge CB3 0RN, UK. Registered in England no: 3392685. About DFJEsprit DFJ Esprit invests in technology, new media, telecoms and healthcare businesses. With over 130 years of investing experience between its partners and over 130 investments made, DFJ Esprit has one of the most experienced teams and longest track records in European venture capital. DFJ Esprit has helped build some of the most successful European venture-backed businesses of recent years. These recent successes include KVS KVS Koninklijke Vlaamse Schouwburg (Dutch: Royal Flemish Theatre, Brussels, Belgium) KVS Kendriya Vidyalaya Sangathan (Hindi: Indian Central Schools) KVS Kenny Vs Spenny (TV show) , Alphamosaic, Fillfactory, DNA DNA: see nucleic acid. DNA or deoxyribonucleic acid One of two types of nucleic acid (the other is RNA); a complex organic compound found in all living cells and many viruses. It is the chemical substance of genes. Research Innovations, BlackSpider and Neteconomy. DFJ Esprit is part of the Draper Fisher Jurvetson Draper Fisher Jurvetson (DFJ) is a venture capital firm based in Menlo Park, California with affiliate offices in more than 30 cities around the world and over $4.5 billion in capital commitments. (DFJ) Global Network with 120 investment professionals in more than 30 cities around the world. In the last twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. the DFJ Network has backed over 300 companies including Hotmail, Baidu and Skype. For further information, please visit www.dfjesprit.com About Foundation Capital Founded in 1995, Foundation Capital is a venture capital firm committed to supporting entrepreneurs and their companies, targeting innovative opportunities in telecommunications and networking; Internet infrastructure; and enterprise software and on demand services. Foundation Capital funds total more than $1.6 billion. For more information, visit www.foundationcapital.com. |
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