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Movellus Secures $23M In Series B Funding To Accelerate Growth

Sep 20, 2022•almost 3 years ago

Amount Raised

$23 Million

Round Type

series b

San JoseInformation Technology

Description

Movellus, today announced the closing of a $23M Series B to accelerate the company's growth. The funding will be used to expand R&D efforts and build out the marketing and sales functions to support the company's growth plans. MESH and SK hynix joined existing investors Accelerate Blue Fund, Candou Ventures, Hui Capital, Intel Capital, In-Q-Tel, Michigan Capital Network, Stata Ventures, and other private investors in this round.

Company Information

Company

Movellus Circuits, Inc.

Location

3031 Tisch Way, #110 Plaza West

San Jose, California, United States

About

Movellus is a leader in Intelligent Clock Networks™. Customers integrate our products into an array of applications ranging from ultra-low power edge AI devices to performance centric cloud datacenter compute and AI offerings. Headquartered in San Jose with R&D centers in Michigan and Toronto, the team has introduced patented architectural innovations that significantly improve clock network performance, enabling the next generation of complex integrated circuits. Visit us at: www.movellus.com Movellus, the Movellus logo, and Intelligent Clock Networks are among the trademarks of Movellus. The term "Movellus" refers to Movellus Circuits, Inc and/or its subsidiaries. Other trademarks are the property of their respective owners.

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