Christopher Calnan, Austin Business Journal
Dec 20, 2013
Executives at shuttered chipmaker Calxeda Inc. say they plan to consider restructuring the Austin company and relaunching another version.
The low-power chipmaker, which completed a $55 million Series C round of funding in October 2012, shut down operations Thursday after a follow-on round of financing fell through. But another iteration of Calxeda may be in its future if it can attract investors by slowing the pace of development costs, Vice President of Marketing Karl Freund said.