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2010 November

15 Nov

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ARM, Cisco, Others Back Ambiq Micro

November 15, 2010 | By |

Ambiq Micro Inc., a 2010 Microcontroller startup, has announced it has received a $2.4 million in venture capital funding from backers that include ARM Holdings plc and Cisco Inc. The seed funding round was LED by DFJ Mercury. Other investors include: ARM, Draper Fisher Jurvetson, Cisco, The Frankel Fund, Huron River Ventures and a number of undisclosed private investors.

The money will enable the expansion of engineering, sales and marketing teams, the company said.

Read more on EE Times

09 Nov

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Ambiq Micro Closes $2.4 Million Seed Round For Efficient Micro-controllers

November 9, 2010 | By |

DFJ Mercury led a seed investment round of $2.4 million in Ambiq Micro, the companies announced today. Ambiq has designed and manufactures durable, highly efficient micro-controllers that can be used in everything from smoke and temperature sensors in smart buildings, to smart credit cards and smart phones.

The company was founded at the University of Michigan by Dennis Sylvester and David Blaauw, professors of electrical engineering and computer science at the University’s College of Engineering, and Scott Hanson, a post-doctoral Fellow at the College of Engineering who is the company’s chief executive.

Read more on TechCrunch