Would you give a clock maker $12.5 million in venture capital?
Certainly, if you’re talking about the tiny timing clocks inside silicon chips. Multigig, a maker of a new generation of clocks for silicon chips, confirmed a previously reported second round of financing.
Multigig’s clocks replace the quartz clocks in most chips today. Modern clocks made of crystal often account for as much of 50 percent of the power dissipated by a chip. Clocks thus hold up chip designers who want to create designs with higher performance.
Multigig’s patented RotaryWave technology enables clocks with time slices of a picosecond, or a trillionth of a second. It does so in part by recycling its electrical charge rather than continuously requiring more power. The company plans to create solutions that can address a variety of both wired and wireless communications. The clocks will theoretically reduce costs and allow chipmakers to integrate more functions onto a single chip than they can do today.
Multigig will use the financing to accelerate the rollout of a line of high-performance timing products. Additionally, the company will complete the development of new chips for wireless infrastructure.