Tech Company Financing Transactions
Plurality Funding Round
Plurality secured a $12 million Series B funding round on 12/17/2009. Investors included private investors.
Transaction Overview
Company Name
Announced On
12/17/2009
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series B
Investors
Proceeds Purpose
The funding will be used for the planned expansion of operation in Asia and North America, the introduction of Plurality's HyperCore(TM) multimedia acceleration IP, and a 256-core acceleration processor chip. Testing of Plurality's 64-core test chip will be completed in Q2, and the 256-core acceleration device will be sampled in Q4 2010.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
PO Box 976
Kadima, 60920
Israel
Kadima, 60920
Israel
Phone
Website
Email Address
Overview
Founded in 2004, Plurality Ltd. is a start-up company that has developed the first scalable, easily-programmable, general-purpose manycore processor. The processor is positioned to serve as a general purpose accelerator for a multicore/manycore system-on-a-chip (SoC).
Management Team
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