RTP-based semiconductor firm siXis raises $3M in new financing
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RESEARCH TRIANGLE PARK, N.C. – Semiconductor startup siXis has closed on $3 million in new financing.
The spinout from RTI International received the funding from existing investors RTI and Intersouth Partners in Durham.
SiXis plans to use the funds for further product development.
Having recently released its first product, siXis is continuing development of patent-pending technology that enables production of smaller, faster and more powerful electronic devices that also use less power.
“With the recent launch of the SX2000 and the upcoming launch of our line of next-generation embedded computing modules, their support is critical to the continued growth of the company,” said siXis Chief Executive Officer John Goehrke.
The SX2000 Reconfigurable Computing Platform is intended to boost data-intensive applications. It includes custom-designed modules.
In layman’s terms, these modules package a device’s “brains” – essentially the central processor and memory – in a smaller, cooler, faster and lighter package.
The company licensed from RTI a silicon integrated circuit board technology that enables chips to be placed directly on a silicon substrate instead of a standard circuit board.
Sixis raised $5 million in 2008. It first launched under the name Beeco.
Copyright 2012 WRAL Tech Wire. All rights reserved.
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