Chip startup Adapteva raised a $3.6 million Series B round today, but the interesting story is how long it took to get here and how it almost didn’t get the funds.
Some hardware companies are turning to Kickstarter, but it may not be the answer. Adapteva and Xi3, for example, are falling short of their funding goals about halfway through- — but one says it’s still happy with the results.
It’s hard for chip startups to raise funding, but the demands of mobile and cloud computing are providing a window of opportunity for all kinds of innovative silicon-based designs. Thus, when Adapteva couldn’t find a VC backer, its CEO turned instead to Kickstarter.
Bright Capital, KPCB, August Capital and NEA have contributed to a $17.6 million funding round in SuVolta, a process technology company. SuVolta doesn’t design chips; it has come up with a novel way to manufacture transistors in a way that makes them use less power.
Both mobile and high performance computing are placing huge power efficiency and performance demands on chips, but the real $64,000 question is how long until such extreme computing use cases hit the server mainstream. Asked another way, how long till Amazon adopts ARM-based servers?
We are moving from the information age to the insight age. So the computer industry is building chip with more cores to keep up with influx of data and the need to process it faster. But more cores means new ways of programming.
The brains inside your smartphone are getting more power with the latest version of application processors having two processing cores to help speed up the delivery of web site load times and mobile gameplay. That’s awesome, but startup Adapteva, wants to take that number higher.