Peraso Closes Oversubscribed $20 Million Equity Financing Led by Roadmap Innovation Fund
Peraso Technologies Inc., a leader in Wireless Gigabit (WiGig®) chipsets, announced today that it has closed a $20 million funding round. The oversubscribed round was led by new investor Roadmap Capital, with additional financing from existing investors Celtic House Venture Partners, Ontario Emerging Technologies Fund (OETF) and VentureLink Funds.
“We are excited to welcome Roadmap Capital as a new investor,” said Ron Glibbery, President and CEO of Peraso. “Peraso has established itself as a leader in WiGig® chipsets. With this equity funding we are accelerating the full commercial deployment of our existing silicon and the development of our next generation of phased array products.”
Peraso Releases PRS4000 60 GHz 802.11ad Baseband Chip
The PRS4000 60 GHz 802.11ad baseband chip is available now through Peraso’s Baseband Early Access Program (BEAP). The highly integrated device includes an 802.11ad compliant MAC/PHY, a USB 3.0 system interface, and analog I/Q for seamless use with Peraso’s 60 GHz RF ICs. Importantly, Peraso supports a highly flexible software architecture, which allows customers to add proprietary functionality to the baseline operation of the device.
“Peraso ICs provide key integration advantages while allowing InterDigital the ability to contribute our value-add software and algorithms”, said Jim Nolan EVP InterDigital Communications Inc. “We are excited to move development forward and begin demonstrating our 4G and 5G small cell backhaul solutions in the next few months.”
Introducing the new PRS212x Waveguide Modules
The PRS2122 transmitter and PRS2123 receiver are 60 GHz wireless solutions targeted for the rapid growth of multi-gigabit wireless Ethernet applications such as small cell backhaul, enterprise wireless infrastructure, and point-to-point links for campus, municipal and mass transit environments. Equipment manufacturers can now realize large reductions in design effort and bill of material cost by using Peraso 802.11ad solutions to fuel the growth of 60 GHz wireless applications.
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 mobile 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.