XMOS Semi Scoops $16M Of Venture Capital

Getting a financial leg up, XMOS Semiconductor has scored $16 million in venture funding from newcomer Foundation Capital and existing investors Amadeus Capital Partners and DFJ Esprit. The company is the inventor of software-defined silicon (SDS) ICs, deemed to be a unique category of semiconductors for consumer electronics applications. Reportedly, the devices deliver high performance at low manufacturing costs and extreme design flexibility. Promising to revolutionize consumer ASIC/ASSP markets, the chips fall within a $1 to $10 price range, making them worthy contenders for high-volume applications. Devices, development tools, and software components will be widely available in the first quarter of 2008.