The cryptocurrency security company has closed a Series B round backed by an international syndicate to support global expansion.
"It has been a pleasure working with Ledger, initially as seed investor and now as President. The size of the opportunity in a growing, fascinating market and the team of truly extraordinary individuals persuaded me to leave life as an investor and to re-join the corporate world. Growing this team with additional talents will be one of our main goals in the next few years."
Infineon Technologies led the investment round with participation from existing backers including Amadeus Capital Partners and Foundation Capital.
"The conclusion of our Series-E funding is a significant milestone for the business. XMOS is ideally positioned at the crossover between embedded voice processing, biometrics and artificial intelligence, and the funds will enable us to execute our ambitious product development plans. I am particularly delighted to welcome Infineon Technologies as a strategic investor in the business. We have worked closely with the Infineon team on groundbreaking sensor fusion technologies; the investment really strengthens our strategic partnership."
The follow-on round will support product innovation and brand positioning in the digital healthcare sector.
"Co-Investor Circle members have been very keen to back Push Doctor. The company is creating a digital healthcare brand for the long term that people will turn to for real help. It has the potential to change lives with each and every connection."
— Richard Roberts, Director, Private Clients, Oxford Capital Co-Investor Circle
IQ Capital led the Series B round with participation from several co-investors to advance the company laboratory research tools.
"IQ Capital are a long standing client of ours – we helped them set up both their current IQ Capital Fund II and its predecessor, IQ Capital Fund I. We are delighted to see them so actively investing out of their latest fund and particularly in Fluidic Analytics, a local business with an exciting and entrepreneurial management team developing truly disruptive technology."
