Ambiq Micro Secures $15,000,000 Series C Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=62919d47-495c-4080-a178-45e1b8ce7ba9 - Date
11/10/2014 - Company Name
Ambiq Micro - Mailing Address
303 Camp Craft Road West Lake Hills, TX 78746 USA - Company Description
The company is developing next-generation energy-efficient microcontrollers. - Website
http://www.ambiqmicro.com - Transaction Type
Venture Equity - Transaction Amount
$15,000,000 - Transaction Round
Series C - Proceeds Purposes
The company already manufactures and markets real-time clocks (RTCs) using this technology and a microcontroller (MCU) family, manufactured using the same standard CMOS process, will be announced within the next few weeks. The MCUs will target Internet of Things (IoT) applications, particularly wearable electronic devices, where energy savings will translate into much longer battery life. - M&A Terms
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