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Arteris Accepts Series A Equity Funds

Tuesday, February 23, 2016 5:40:00 AM PDT | VentureDeal



Sunnyvale, California  --  Semiconductor technology company Arteris has received $5.7 million in new equity venture capital investment, according to an SEC regulatory filing.

Arteris has created system on chip "interconnect IP  to shrink die size and cost, shorten schedule and run faster" for customers such as Samsung, Qualcomm, Freescale, Altera, Huawei and Mobileye.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of nine investors participated in the offering.

CEO Charles Janac has been with the firm since May 2005.

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