English
Embedded platform company receives $7 million boost
| | |
| EE Times: Latest News Embedded platform company receives $7 million boost | |
| Peter Clarke (05/05/2004 1:38 PM EDT) URL: http://www.eetimes.com/showArticle.jhtml?articleID=19502364 | |
| READING, England -- Cross Atlantic Capital Partners has led a finance round that has raised more than US$7 million for Tao Group Ltd., maker of the Intent multimedia platform for mobile and other digital devices, Tao said Wednesday (May 5). The funding brings the total invested in Tao to more than US$45 million since the company was founded in 1992. Tao includes electronic systems companies Sony, Mitsubishi, NEC, Motorola and Sharp among its investors. Tao worked on virtual machine technology, and embraced the Java virtual machine in the 1990s. The latest additional funding coincides with recent license wins with OEMs, ODMs [Original Design Manufacturers] and MNOs [Mobile Network Operators], the company said. It was Cross Atlantic's second investment in Tao. "Intent is now a matured technology allowing the company to focus more strongly on securing globally-significant design wins. With the additional funding led by Cross Atlantic we will be able to pursue a much more aggressive go-to-market program in Europe, Asia and North America," said Francis Charig, Tao Group chairman, in a statement.
| |
| All material on this site Copyright © 2005 CMP Media LLC. All rights reserved. Privacy Statement | Your California Privacy Rights | Terms of Service | |
Related News
- DAFCA Receives $1.8 Million ATP Grant to Develop Reconfigurable Infrastructure Platform for System-on-Chip Electronics
- Embedded memory startup T-RAM receives $35 million in funding
- Celestial AI, the Creator of the Photonic Fabric Optical Interconnect Technology Platform, Raises $100 Million in Series B Funding
- eYs3D Microelectronics, Co. Raises $7 Million Series A from Leading Industry Strategic Investors for Vision/AI Chips
- Impressive World-Wide Syndicate Invests $65 Million In AI Platform Venture ThinCI's Oversubscribed Series C Funding Round
Breaking News
- Crypto Quantique publishes independent cetome analysis on streamlining CRA compliance with the QuarkLink security platform
- DVB-S2X Wideband LDPC/ BCH Encoder FEC IP Core Available For Licensing and Integration From Global IP Core
- Alphawave Semi Delivers Foundational AI Platform IP for Scale-Up and Scale-Out Networks
- Certus Semiconductor Joins TSMC IP Alliance Program to Enhance Custom I/O and ESD Solutions
- Ceva Neural Processing Unit IP for Edge AI Selected by Nextchip for Next-Generation ADAS Solutions
Most Popular
- BrainChip Gives the Edge to Search and Rescue Operations
- New Breakthroughs in China's RISC-V Chip Industry
- Cadence to Acquire Arm Artisan Foundation IP Business
- Analog Bits to Demonstrate IP Portfolio on TSMC 3nm and 2nm Processes at TSMC 2025 Technology Symposium
- ASML targeted in latest round of US tariffs
|
E-mail This Article | 
|
|
Printer-Friendly Page |