UK-based fabless semiconductor company Xmos has closed a $26.2m series D round from backers including industrial manufacturer Robert Bosch, ICT company Huawei Technologies and semiconductor producer Xilinx.
Robert Bosch Venture Capital (RBVC), the corporate venturing arm of Bosch Group, Huawei and Xilinx invested alongside private equity fund Amadeus Capital Partners, venture capital fund DFJ Esprit and investment firm Foundation Capital.
Spun out of Bristol University in 2005, Xmos produces programmable chips and processors, and will use the funding to expand its customer support and accelerate product development. Hongquan Jiang, an investment principal at RBVC, will join the Xmos board in conjunction with the deal.
Xmos has now raised a total of $57.4m in funding, including a $14m series C round in December 2013 led by Amadeus Capital Partners and including Foundation Capital and DFJ Esprit. It raised $1.2m in seed funding in 2006.
– Image courtesy of Xmos.com