The Series A round was led by OpenOcean with participation from Robert Bosch Venture Capital to fund commercial expansion.
"Cloud has been instrumental in unlocking greater IT flexibility. The next challenge is supporting the creation and processing of skyrocketing data volumes efficiently. It’s not uncommon to see enterprises hike their infrastructure costs up to 10x for some data-intensive applications when they move to the cloud."
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."