BOPS® Receives $40 Million in Latest Round of Financing
BOPS® Receives $40 Million in Latest Round of Financing
Funds Will Fuel Further Growth for High-Performance, Programmable DSP Core ProviderMOUNTAIN VIEW, Calif., July 14, 2000 -- Billions of Operations Per Second, Inc. (BOPS®), leading programmable DSP core provider today announced that it has received $40 million from its latest round of financing. The funds will be used to further the growth of the company?s in the programmable DSP core market. Total investment in the company to date is $49.5million.
BOPS develops and licenses high-performance programmable DSP cores as well as providing top tier OEMs with hardware, software tools and engineering support to quickly and efficiently design Internet, multimedia and communications products using the BOPS ManArrayTM DSP core family.
"This latest round of funding is fueling our continuing growth and is helping us put in place the additional resources and infrastructure needed to support our worldwide base of customers," noted, Carl Schlachte, BOPS CEO and Chairman of the Board.
BOPS closed its latest round of financing, Series C Preferred, on June 7, 2000 at $40 million. New investors in this round included: Vulcan Ventures, Robertson Stephens? Bayview Fund, Broadview Capital Partners, J.&W. Seligman, Scudder Kemper Investments, and Aman Ventures. Previous BOPS investors that also participated in this latest round include: Pequot Capital Management, Inc., Vantage Point Venture Partners and the Band of Angels Fund.
About BOPS
Billions of Operations Per Second, Inc. (BOPS) is a Mountain View, Calif.-based company that develops and licenses the highest-performance programmable DSP core family, the ManArrayTM family, as well as advanced development tools for high-volume, system on a chip (SoC) solutions for the Internet, multimedia and wireless communications markets.
The BOPS ManArray DSP product family is targeted to accelerate SoC manufacturers? time from product concept to high-volume shipments by providing the highest-performance, scaleable and reusable DSP cores and an advanced set of software tool technologies
Contact:
Victor Young
BOPS, Inc.
650-254-2802
-or-
Kella Knack
KJ Communications
650-508-0371
Acronyms:
BOPS: Billions of Operations Per Second
DSP: Digital Signal Processor
IP: Intellectual Property
Related Semiconductor IP
- 6-bit, 12 GSPS Flash ADC - GlobalFoundries 22nm
- LunaNet AFS LDPC Encoder and Decoder IP Core
- ReRAM NVM in DB HiTek 130nm BCD
- UFS 5.0 Host Controller IP
- PDM Receiver/PDM-to-PCM Converter
Related News
- eASIC Raises $48 Million in Latest Financing Round
- Altair Semiconductor Raises $26 Million Round of Financing
- Vector Fabrics Closes Series B Round of Financing
- Smart Grid System on Chip Innovator, EnVerv Raises $12M Round of Financing
Latest News
- AimFuture, a Leader in Home Appliance NPUs, to Integrate Mesacure Company’s AI Algorithms
- Security in the Quantum Era: From Cryptography to Trust — ICTK Introduces a Hardware Trust Foundation for the Quantum Era
- TES unveils a next-generation Elliptic Curve Digital Signature Algorithm (ECDSA) IP Core for Secure IoT, Blockchain, and Industrial Systems
- Seligman Ventures Leads Cognichip’s $60M Series A to Back Physics-Informed AI for Chip Design, Intel CEO Lip-Bu Tan and Seligman Ventures’ Umesh Padval Join the Board
- SEMI Projects Double-Digit Growth in Global 300mm Fab Equipment Spending for 2026 and 2027