Menlo Ventures News
GTronix Raises $10 Million in Third Round of Venture Funding
FREMONT, Calif.,
"GTronix is dedicated to becoming the market and technology leader in bringing local intelligence to application-specific sensory interfaces," said Hubert Engelbrechten, CEO of GTronix. "Our message is resonating strongly with both target customers and investors. We believe we can address the challenges OEMs face as they create next-generation portable consumer electronics by applying our programmable analog VLSI and signal processing capabilities."
According to Engelbrechten, JAFCO Ventures' strong position in Asia was a particularly compelling factor in the funding process. Indeed, Asia is critical in the design, production and consumption of consumer electronics. JAFCO's strong presence in that region offers GTronix the ability to leverage existing relationships with consumer electronic OEMs. GTronix also can benefit from JAFCO's regional business development offices to help "open doors" and explore additional partnerships.
According to JAFCO Ventures' partner,
Menlo Ventures led the earlier funding rounds for GTronix, including the initial seed funding. According to
About GTronix's APT(TM) Technology
GTronix's proprietary APT(TM) Technology comprises a programmable analog structure and architecture that can intelligently process real-world data, such as acoustic, visual, and positioning. The patented APT Technology leverages a unique combination of three elements: proprietary analog algorithms; programmable floating-gate transistors to precisely tune analog structures during production; and unique circuit design techniques for implementing signal processing solutions.
APT Technology's breakthrough is in programmable analog structures that are compact and power efficient, which makes it possible and practical to implement advanced signal processing functions in analog that previously required DSPs. Using APT Technology, signal processing solutions can be implemented with orders of magnitude less power consumption, a minimum of circuit elements, and a lower cost — an ideal combination for portable consumer electronics.
About JAFCO Ventures
Based in
About Menlo Ventures
Menlo Ventures provides long-term capital and management support to early- stage and emerging-growth companies. Menlo Ventures is one of Silicon Valley's oldest venture capital partnerships, and have organized and managed nine venture funds since their inception in 1976. Menlo Ventures has over
About GTronix
Founded in 2003, GTronix is a fabless semiconductor company developing novel analog technology to extract real-world sensory information for portable consumer electronic products. Its mission is to become a market and technology leader in bringing local intelligence to sensory interfaces through the application of its programmable and adaptive analog VLSI signal processing capability.
The company's APT(TM) Technology — Smart Analog for Sensory Processing — leverages proprietary analog algorithms, a programmable floating gate transistor structure and new circuit design techniques for implementing signal processing functions. GTronix will apply its APT Technology, covered by 15 patents, to create silicon and module products for customers requiring ultra- low power, size and cost for portable consumer electronics.
Headquartered in Fremont, Calif. with offices in
The GTronix name and logo, APT Technology, and 'Smart Analog for Sensory Processing' are trademarks of GTronix Inc. All other trademarks and servicemarks are the property of their respective owners.
SOURCE GTronix
