Codasip GmbH, a Munich, Germany-based supplier of RISC-V embedded processor IP, raised $10M in Series A funding.
The round was led by Ventech Capital, Shenzhen Capital Group Co., Ltd., Paua Ventures, and strategic investor Western Digital, following the initial investment led by Credo Ventures.
The company intends to use the funds to grow its global sales and support team while expanding its product development efforts to bring RISC-V processor intellectual property and optimization tools to customers around the world.
To read more, please visit: http://www.finsmes.com/2018/12/codasip-secures-10m-in-series-a-financing.html.