Thursday, November 13, 2014

Ineda Systems Gets $19M

Santa Clara-based Ineda Systems, which develops lower power, systems-on-a-chip (SOCs) for the wearable and Internet of Things markets, says it has raised $19M in a Series B funding round. The funding came from Cisco, along with Samsung Catalyst Fund, Qualcomm Ventures, and Imagination Technologies, and others. The company is led by Babu Mandava. More information »