Ambiq Micro Secures $15,000,000 Series C Financing

  • Feed Type
  • 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
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy