Multigig confirms $12.5 million financing round for silicon clocks

Multigig confirms $12.5 million financing round for silicon clocks

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… Continue Reading

Multigig raising a second round for silicon clock chips

Multigig raising a second round for silicon clock chips

Quartz has ruled for a long time as the clock inside semiconductor chips. But companies are now trying to design better and more efficient clocks out of silicon as timing becomes a more critical issue in the newest chips. Multigig is one of them and the company says it has dozens of patents on such clocks.

VentureBeat has learned that the company is in the midst of raising its second round of funding. The company has… Continue Reading