Toronto startup Peraso takes bold step in wireless market with US$42-million raised in VC deal
Posted 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."