XMOS, a Bristol, England, UK-based deep technology company, completed a $19m financing round.
Backers included existing investors, and a venture debt facility with Harbert European Growth Capital.
The company intends to use the funds for continued growth and an expanded global presence, including new staff, in its Hong Kong office and for development of its AIoT solution portfolio.
Led by Mark Lippett, president and CEO, XMOS provides silicon architecture software that delivers voice-enabled solutions to a wide variety of AIoT applications and consumer devices.
With a 10-year experience in Hi-Res and multichannel USB audio solutions, the company now plans to expand its product set into markets that will fuel new digital and data services in the smart homes, smart cities and smart factories of the future.
FinSMEs
30/09/2019