Germany’s Codasip scores $10 mln in Series A round for product extension

12/05/2018 8:23:00 AM (GMT)

German RISC-V embedded processor internet protocol supplier Codasip GmbH has scored $10 million in a Series A investment round.

Codasip GmbH plans to use the funds to develop its sales and support team while extending its product advancement efforts to bring best-in-class RISC-V processor intellectual property and optimization tools to customers around the world.

The round was led by private equity firms France’s Ventech Capital, Shenzhen Capital Group Co., Ltd., Germany’s Paua Ventures and strategic backer Western Digital.

Codasip GmbH has raised a total of $15.3 million in over 3 funding rounds.

Codasip GmbH

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