Octopus backs UltraSoC
Octopus Investments has invested a further $2.3m in a series-B funding round for UltraSoC, a UK-based provider of system-on-chip infrastructure (SoC).
The latest financing round brings the total amount invested in the company to $7.5m.
The fresh capital will be used for taking UltraSoC's debug product and optimisation silicon IP technology to the market, as well as licensing it to global semiconductor companies.
Octopus invested £2m in the company in 2010 and injected a further $1.62m in October 2012.
Company
Headquartered in Cambridge, UltraSoC Technologies is an independent provider of SoC infrastructure to enable rapid development of embedded systems based on advanced SoC devices.
The product, UltraDebug, is a system-level debug and optimisation capability for multiple heterogeneous processor cores, including graphics cores and custom accelerators.
People
Luke Hakes is a principal on the ventures team at Octopus. Karl Heeks is the CEO of UltraSoC.
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