Peraso Raises $20M Series C Financing Co-Led by Integrated Device Technology (IDT) and Roadmap Capital
Peraso Technologies Inc., a leader in Wireless Gigabit (WiGig®) chipsets, announced today that it has raised a $20 million funding round. The round was co-led by US semiconductor company IDT (IDTI on NASDAQ), and existing investor Roadmap Capital (Roadmap), with additional financing from iNovia Capital.
Peraso is in production with WiGig® IC solutions, addressing both next generation WiFi opportunities in the consumer electronics (CE) space, as well as outdoor devices in the 60 GHz wireless infrastructure space. The investment will be used to increase the company’s capacity to address the significant customer interest in all of the targeted market opportunities, including smart phones and virtual reality (VR)
“Peraso has demonstrated its ability to develop the WiGig ecosystem that can address the demands of tomorrow, and IDT is excited to support this industry leader.”, said Sailesh Chittipeddi, Chief Technology Officer and Vice President of Global Operations at IDT.
Hugh Cleland, Roadmap Co-Founder and Peraso Board member, added: “Peraso has demonstrated excellent product execution, which has resulted in leadership in multiple markets. Roadmap Capital is excited to fund the acceleration of Peraso’s growth.”
Presto Engineering and Peraso Technologies Develop Innovative Test Solution for 60 GHz Transceiver
Presto Engineering Inc., a world leader in semiconductor product engineering and supply chain management, and Peraso Technologies, a leading wireless chipset manufacturer, today jointly announced their successful collaboration in developing a comprehensive test solution for Peraso’s recently-launched 60 GHz semiconductor products.
“Presto contributed expertise in high-frequency RF testing that was absolutely essential in our collaboration,” said Ron Glibbery, CEO of Peraso Technologies. “We are well on our way to completing a test solution that will reduce the cost of test by another 40X and support the high growth we anticipate with the introduction of products into the consumer electronics market.”
Peraso Begins Production Shipments of WiGig® Chipset for Wireless Infrastructure Applications
Peraso Technologies Inc. announced today it has commenced volume production shipments of the world’s first WiGig® chipset targeted for 60 GHz outdoor wireless infrastructure applications.
The X610 chipset includes the PRS1126 direct conversion 60 GHz RFIC and the PRS4601 baseband IC to implement complete RF to baseband functionality compliant with the IEEE 802.11ad (WiGig®) standard. It is ideally suited for end-use applications such as wireless broadband for internet service providers (WISP), small cell backhaul, video surveillance, private networks and new hybrid fiber-wireless.
“The Peraso X610 chipset has a rich feature set combined with a highly flexible software architecture to allow customers to customize their own value-add networking based functionality onto a WiGig® compatible software stack,” says Ron Glibbery, President and CEO of Peraso Technologies. “The result has enabled our customers to launch new products at unprecedented price points.”
Peraso Demonstrating WiGig® Products at MWC 2016
Peraso Technologies Inc. will be demonstrating a WiGig® network ecosystem using its WiGig® USB 3.0 adaptors at MWC 2016, from February 22nd – 25th in Barcelona, Spain
To arrange a private appointment at MWC, please contact us at: firstname.lastname@example.org
Peraso WiGig® Chipset Powers IgniteNet Wireless PTP Links
IgniteNet has selected Peraso WiGig® infrastructure components to provide the core 60 GHz functionality in their MetroLinqTM family of outdoor wireless products. “It was essential to select an RF solution that provided the highest output power and a baseband solution that provided flexibility at all levels and could support value-added functionality and cloud support”, says Harold Bledsoe, General Manager at IgniteNet. “The Peraso chipset achieved these criteria and has enabled a new price/performance that is disrupting the market.
The MetroLinqTM PTP60-35 and PTP60-19 provide the lowest-cost, high performance, interference-free 60 GHz solution in their class and are targeted for Wireless Internet Service Providers (WISP), small cell backhaul, video surveillance, private networks and new hybrid fiber-wireless.”
Peraso Releases WiGig® Chipset to Production
Peraso Technologies Inc. has announced the immediate production availability of its W110 WiGig® chipset.
The Peraso W110 chipset is targeted for WiGig® applications and includes the PRS1125 direct conversion 60 GHz RFIC and the PRS4001 baseband IC to implement the necessary functionality in the next generation IEEE 802.11ad standard for Wi-Fi networks. Incorporating a USB 3.0 system interface, the W110 chipset is ideally suited for adapters and peripherals.
“Adapter and peripheral products are essential to enable legacy devices and fuel the WiGig® ecosystem”, says Philip Solis, Research Director at ABI Research. “Peraso is well positioned to benefit from these opportunities.”
60 GHz Wireless Technology Overview
The unlicensed 60 GHz band has been available for several years, but only now is it possible to implement devices in low cost SiGe BiCMOS and CMOS technologies. With the support of the FCC and other regulatory bodies, leading-edge IEEE 802.11ad solutions are entering small cell and CE marketplaces. The combination of low cost implementation and power efficiency versus other wireless standards, coupled with enormous spectrum makes Peraso 60 GHz wireless ideal for next generation mobile applications.
60 GHz wireless technology provides an ideal alternative to fiber. Particularly in dense urban environments, utilizing fiber for small cell backhaul is inconvenient and troublesome to deploy and carries costly capital and operating expenditures. License-free V-band spectrum allows carriers to quickly deploy increased capacity to their networks with additional cell coverage, or alternatively, provide additional network coverage in outlying regions.
In the Consumer Electronics (CE) market, WiGig® wireless technology rivals the bandwidth of wired technologies such as USB 3.0, HDMI, PCIe or DisplayPort. The short wavelength means antennas (traditionally a large constraint on implementation size) can be extremely small, thus yielding a very small solution footprint. In addition, at 60 GHz it’s possible to implement compact and highly directional antennas which improve performance and allow for frequency re-use and spatial diversity, while avoiding congestion and interference at 2.4 GHz and 5 GHz.
Hi-Speed Wireless. Redefined.
Peraso 60 GHz wireless ICs unlock 9 GHz of unlicensed spectrum in the 57-66 GHz V-band, and act as an enabling technology for a variety of new applications in the mobile realm.
For mobile devices such as smartphones, tablets and USB wireless adapters, 60 GHz provides a hi-speed wireless alternative to existing wired standards like USB3.0 or HDMI. Peraso WiGig 60 GHz chipsets address this market with 10x improvement in data rate and energy efficiency, a compact form factor, and sub-frame glass to glass latency.
In the wireless infrastructure market, 60 GHz millimeter wave technology is viewed as a primary choice for small cell backhaul. With features such as high bandwidth, narrow beam width and low latency, Peraso 802.11ad transceiver and baseband solutions provides carriers with a viable, cost effective option to traditional backhaul methods such as fiber or microwave.