What Company Is Offering:
Mobius Microsystems is an innovator in analog and mixed signal designs, and is the first to implement highly accurate frequency generators entirely in standard CMOS. This is a significant technical breakthrough in a class of frequency generation, which to date has been accomplished exclusively with quartz-based crystals and oscillators.
Mobius’ patented CMOSHarmonic Oscillator (CHO™) technology is implemented on a single piece of silicon and enables system designers to create smaller, thinner, and more mechanically robust products. CHO also significantly shortens the manufacturing cycle time to best respond to market demands.
How Much They Got From VCs:
They announced that it closed its Series B round of financing in the amount of $10.22 million. The investors for this round were Foundation Capital, Menlo Ventures and RPM Ventures. The three firms extended their seed and Series A round investment in the company.
How They Will Use Raised Fund:
Mobius will use the funds to expand operations to support the production release of its patented CMOS Harmonic Oscillator (CHO™). This is the world’s first highly accurate frequency reference produced entirely in standard CMOS, and targeted at high volume consumer and storage markets. The CHO device will replace quartz-based crystals and crystal oscillators that have been the existing technology for nearly 70 years.
What's Market Of That Kind Of Product:
The demand for frequency references and oscillators is expected to be a $5.7 billion market by 2011. Mobius’ CHO will enable system designers to reduce costs, offer higher frequencies, and allow for smaller, thinner, and more mechanically robust products.
More at:http://www.mobiusmicro.com/
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