Kilopass Technology, a US-based provider of computer memory, has raised $8m from a “major consumer electronics licensee”.
Charlie Cheng, chief executive of Kilopass, said: “We have worked closely with our 150 licensees across consumer, mobility, analog mixed signal, automotive, and industrial markets to address their embedded NVM [semiconductor logic non-volatile memory] needs.”
Kilopass is also backed by venture capital (VC) firms BlueRun Ventures, which spun off from phone maker Nokia in 2005, Pitango Ventures, IGlobe Partners and US Venture Partners.
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