Toronto startup Peraso takes bold step in wireless market with US$42-million raised in VC deal
Posted by The Globe & Mail on February 19, 2019
"A Toronto startup looking to challenge computer chip giants Qualcomm Inc. and Intel Corp. in the wireless market has raised US$42-million in a venture capital deal. Its semiconductors promise to offset increasingly congested wireless networks and hot spots as data usage soars, and it is one of just three companies offering a new type of chip expected to be key for next-generation 5G wireless networks."
See Full Story at The Globe & MailPeraso, armed with $42M in latest round, sees traction in Fixed Wireless
Posted by FierceWireless:Tech on February 19, 2019
"The financing provides enough to get to a positive cash flow position, supporting the ramp-up of its 802.11ad products, the development of 802.11ay products and the ongoing expansion of the company to support those activities."
See Full Story at FierceWireless:Tech