Semiconductor maker Infineon Technologies has led a $15m series E round for UK-based voice-capture technology developer Xmos,
The round also featured Robert Bosch Venture Capital (RBVC), the corporate venturing subsidiary of industrial product maker Robert Bosch, along with Amadeus Capital Partners, Draper Esprit and Foundation Capital.
Xmos develops voice control and audio technology to be used in consumer electronics products, enabling users to interact with their electronics systems by speaking to them.
RBVC led the company’s last round, a $26.2m series D round in 2014 that included telecom equipment producer Huawei Technologies, chipmaker Xilinx, Amadeus Capital Partners, DFJ Esprit and Foundation Capital. Xmos has now raised approximately $72m in total.
Mark Lippett, president and CEO of Xmos, said: “Xmos is ideally positioned at the crossover between embedded voice processing, biometrics and artificial intelligence, and the funds will enable us to execute our ambitious product development plans.
“I am particularly delighted to welcome Infineon Technologies as a strategic investor in the business. We have worked closely with the Infineon team on groundbreaking sensor fusion technologies; the investment really strengthens our strategic partnership.”
– Image courtesy of Xmos Ltd.