Movidius, a US-based computational image-processor chip and software company, has raised $16 m series D funding led jointly by Robert Bosch Venture Capital, the corporate venturing unit of Germany-based industrial group Robert Bosch, growth equity fund Atlantic Bridge and venture capital firm DFJ Esprit, with participation from existing investors, venture capital fund Capital E, AIB Seed Capital Fund (established by Allied Irish Banks in partnership with Enterprise Ireland) and private investors.
This new round will be used to accelerate Movidius’…