Toronto startup Peraso takes bold step in wireless market with US$42-million raised in VC deal
Posted by The Globe & Mail on February 19, 2019
"A Toronto startup looking to challenge computer chip giants Qualcomm Inc. and Intel Corp. in the wireless market has raised US$42-million in a venture capital deal. Its semiconductors promise to offset increasingly congested wireless networks and hot spots as data usage soars, and it is one of just three companies offering a new type of chip expected to be key for next-generation 5G wireless networks."
See Full Story at The Globe & MailPeraso, armed with $42M in latest round, sees traction in Fixed Wireless
Posted by FierceWireless:Tech on February 19, 2019
"The financing provides enough to get to a positive cash flow position, supporting the ramp-up of its 802.11ad products, the development of 802.11ay products and the ongoing expansion of the company to support those activities."
See Full Story at FierceWireless:Tech60 GHz Chipset Startup Peraso Raises $42M
Posted by Wi-Fi NOW! on February 19, 2019
"Canada-based 60 GHz (mmWave) chipset startup Peraso has landed $42 million US dollars in additional financing, the company said in a press release today. The deal signifies renewed and significant investor confidence in the future of unlicensed mmWave technology."
See Full Story at Wi-Fi NOW!At CES 2019: Vehicles and Faster Networks Share Spotlight with TVs
Posted by ECN Mag on January 7, 2019
"The chipset is designed to allow networking in the 60 GHz band, which according to the company is less prone to interference than existing 2.4/5 GHz bands, which are saturated with users."
See Full Story at ECN Mag