SuVolta raises $10.6m for low power chip tech
SuVolta has secured $10.6million in funding from existing backers and new investor Fujitsu, which is collaborating with the Silicon Valley company to exploit its technology.
Fujitsu is the first licensee of SuVolta's Deeply Depleted Channel (DDC) technology, which is designed to halve the power consumption while offering twice the processing performance of existing products.
Since the collaboration was announced in June 2011, the companies have successfully brought up the DDC technology at the 65nm and 55nm nodes. Volume production began in September 2013.
Bruce McWilliams, SuVolta's president and ceo, said: "This funding demonstrates the excitement surrounding our technology and the benefits it can bring large markets such as dram, IoT and mobile computing.
"With DDC technology now in volume production, we are seeing increased interest from leading foundries and semiconductor companies seeking a competitive advantage through ultra low power optimisation."