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Tilera Raises $25 Million for Multicore Processors

Tilera, a start-up based in San Jose, California, closed a $25 million series-C round of investment financing for its multicore silicon. The round was oversubscribed and included funds from three new strategic investors: Broadcom, Quanta Computer and NTT Financing Corp. This brings the total venture capital investment in Tilera to $64 million.

Tilera’s processors are based on its “iMesh” architecture that scales to hundreds of RISC-based cores on a single chip. Tilera has two product families, the TILE and TILEPro, currently shipping to customers in networking, wireless infrastructure, communications and cloud computing markets. In October 2009 Tilera announced its TILE-Gx family, which includes the world’s first 100-core processor. This line will begin sampling later this year.

Tilera also announced the appointment of Nariman Yousefi, Senior Vice President of Infrastructure Technologies at Broadcom, to the Tilera Board of Directors.
http://www.tilera.com

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