Intellectual property (IP) licensing firm Nantero Inc. has secured more than $30 million in funding in order to shore up its support for customers, add memory industry veterans to its team and to enable new carbon nanotube memory (NRAM) IP products.
With this round, Nantero has secured $78.1 million in total funding raised.
Since Nantero is a licensing company, it will not be developing its own products but rather supporting licensees that are developing products utilizing NRAM IP cores. According to a spokesman for Nantero, the company’s NRAM process has been installed successfully in multiple production CMOS fabs globally.
NRAM offers a number of advantages over traditional memory as it is nonvolatile while being as fast as DRAM with a higher endurance and reliability as flash, the spokesman told Electronics 360. NRAM is also scalable down to 5 nanometers and can be produced at a low cost partly due to being fully compatible with existing CMOS fab equipment, he said. Target applications for NRAM include data centers, mobile devices and more.
Those involved in the current funding round include Charles River Ventures, Draper Fisher Jurvetson, Globespan Capital Partners and Harris & Harris Group.
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