Peraso nabs $56 mln in round backed by strategics, Roadmap

Peraso Technologies Inc, a Toronto-based fabless semiconductor company, has raised about $56 million (US$42 million) in a follow-on financing. The deal was led by two unidentified strategic investors and Roadmap Capital, an existing backer. The company's other investors include Celtic House Venture Partners and Inovia Capital. Founded in 2008, Peraso specializes in the development of integrated circuits for the 60 GHz wireless marketplace. President and CEO Bill McLean said the funds raised will support additional sales as "an increasing number of consumer electronic and wireless infrastructure manufacturers choose to incorporate multi-gigabit wireless connectivity into their products."

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