Fast-Chip gets $11M funding for OC-192 coprocessor
![]() |
Fast-Chip gets $11M funding for OC-192 coprocessor
By EBN Staff, EBN
July 20, 2000 (8:15 p.m. EST)
URL: http://www.eetimes.com/story/OEG20000720S0049
Fast-Chip Inc., a fabless semiconductor company in the high-performance communications IC market, today announced that it secured $11 million of venture capital funding led by Morgan Stanley Dean Witter Private Equity. The financing, with participation by Synergy Venture Partners, and others, will accelerate Fast-Chip's introduction of its PolicyEdge network coprocessor later this year. By refining the network data path through partitioning and acceleration of critical tasks, Fast-Chip aims to enable high-level features at data rates of OC-48 (2.5 megabits per second), OC-192 (10 Mbit/s), and beyond. Fast-Chip, Los Gatos, Calif., currently targets three market segments: optical switching, MAN/WAN multiservice, and the broadband access markets. "PolicyEdge will enable high level intelligent management of data," said Alex Henderson, Fast-Chip's chief technology officer. "Feature-rich services, bandwidth on demand, differentiated services, an d billable premium services are the future of the Internet." "It's rewarding to see the financial community recognize our technology and market position," said Gregg Cook, CEO and President of Fast-Chip. "This funding helps fuel our momentum and removes a major obstacle in our effort to provide truly advanced semiconductor solutions to the Internet infrastructure marketplace."
Related News
- Xilinx Enables Next Generation Sonet/SDH Networks With Industry's First Parameterizable OC-192 Generic Framing Procedure Solution
- Altera Partners With Nuvation to Develop Complete Gigabit Ethernet to OC-192 Solution
- Amphion IP cores enable single-chip ADPCM solution for speech coding in OC-192 systems
- GigOptix Receives Approximately $500,000 Funding to Enable New Era of Ultra Fast Hybrid Silicon-Organic Integrated Circuits Based on Proprietary Polymer
- QuickLogic Announces $1.1M eFPGA IP Contract with new Defense Industrial Base Customer
Breaking News
- VeriSilicon introduces AcuityPercept: an AI-powered automatic ISP tuning system
- Avant Technology Partners with COSEDA Technologies to Enhance System-Level Software Solutions
- intoPIX Powers Ikegami's New IPX-100 with JPEG XS for Seamless & Low-Latency IP Production
- Tower Semiconductor and Alcyon Photonics Announce Collaboration to Accelerate Integrated Photonics Innovation
- Qualcomm initiates global anti-trust complaint about Arm
Most Popular
- Qualcomm initiates global anti-trust complaint about Arm
- Sarcina Technology launches AI platform to enable cost-effective customizable AI packaging solutions
- EnSilica Agrees $18m 7 Year Design and Supply ASIC Contract
- Siemens to accelerate customer time to market with advanced silicon IP through new Alphawave Semi partnership
- Tower Semiconductor and Alcyon Photonics Announce Collaboration to Accelerate Integrated Photonics Innovation
![]() |
E-mail This Article | ![]() |
![]() |
Printer-Friendly Page |