Flash Reliability IP Provider, Proton Digital Systems Completes $2 Million Funding Round
San Jose, California – February 7, 2013 – Proton Digital Systems, Inc. (Proton), a leading provider of Flash Memory Reliability IP Solutions, today announced the completion of its $2 million seed round. The round was led by SKS Capital along with other noteworthy Silicon Valley based Angel investors. The round provides capital to support Proton’s continued development and expansion of its cutting-edge flash reliability IP products that address a major market requirement - increasing the endurance and longevity of Flash Memory.
Proton Digital Systems provides best-in-class LDPC-based Flash Read Channel IP that achieves industry-leading Flash Memory endurance and longevity performance while consuming 50% less power than comparable solutions. Already recognized as a technology leader, Proton’s IP is currently licensed for enterprise and consumer applications and is generating a steady revenue stream.
“We are excited about our investment into Proton Digital Systems and the potential to disrupt the Flash Memory marketplace,” said Sanjay Srivastava, General Partner of SKS Capital, LLC. “We also believe that Proton has assembled a world-class management team and superior engineering talent to tackle the Flash endurance challenge.”
Coming changes in smaller denser flash geometries is driving the need for advanced error-free data-retrieval and flash memory management solutions. Proton’s LDPC-based Flash Read Channel, which is available today, has already been adopted by some of the world’s largest flash memory companies.
“Completing the $2 Million round is validation of our business model, product offering, and market opportunity,” said Dr. Andrei Vityaev, CEO, Proton Digital Systems. “Having SKS Capital as a lead investor along with other key investors points to a very bright future for Proton.”
About Proton Digital
Founded in 2011, Proton Digital Systems provides advanced strategic IP for the Flash Memory market. The company is based in Silicon Valley and has brought together the best and brightest in the fields of mathematics, signal processing, digital design, and high volume manufacturing to deliver its cutting edge suite of IP Products.
Related Semiconductor IP
- SPI Flash Controller - Ensures reliable validation of SPI Flash memory controllers
- Xccela Flash Memory Model
- Wide Range VCC Flash Memory Model
- Twin Quad NOR Flash Memory Model
- Toggle Flash Memory Model
Related News
- eASIC and Proton Digital Systems Announce LDPC NAND FLASH Read Channel For Enterprise Storage
- Proton Digital Systems Announces FlashPro Media Manager - Enabling Next Generation MLC and TLC Flash in Consumer, Client and Enterprise Applications
- Mobiveil's Smallest Footprint Low-Density Parity Check LDPC-Based Flash Reliability IP Provides Extended Durability for NVM Express-Based Solid-State Drives
- eASIC and Mobiveil Announce Flash Reliability Platform
Latest News
- Global Semiconductor Sales Increase 17.1% Year-to-Year in February
- Altera Starts Production Shipments of Industry’s Highest Memory Bandwidth FPGA
- Blumind reimagines AI processing with breakthrough analog chip
- 32-bit RISC-V processor based on two-dimensional semiconductors
- pSemi Files Patent Infringement Lawsuit Against Cirrus Logic and Lion Semiconductor