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Article: United States: Chipmaker Adapteva grabs $1.5M in first funding.
- Article from:
- TendersInfo
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: kusumv03
Fabless chipmaker startup Adapteva Inc. has taken on its first round of institutional funding, a Series A commitment of $1.5 million that founder Andreas Olofsson says should be the only funding the company needs.
Adapteva, based in Lexington, makes programmable, low-power microprocessors for specific niche applications, such as airborne radar or portable ultrasound basically anywhere a programmable processor that can run on batteries is needed. We offer orders of magnitude better power efficiency compared to anything else out there, Olofsson said.
His background lends credence to his claim. Olofsson spent ten years at Analog ...
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... ... News (Australia) 02-25-2006 Oly: Olofsson cruises to women's biathlon 12.5km ... Italy, Feb 25, 2006 AFP - Anna Carin Olofsson of Sweden cruised to gold in the women ... German, Uschi Disl. The fast-skiing Olofsson, who last week picked up a silver in ...
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