Celtic House leads $8 Million Follow-On Investment in Peraso Technologies

Posted by Rob Lewis on 2010-11-22 8:21:00 AM

Celtic House Venture Partners announced this morning that it has led an $8 Million equity financing round of Toronto's Peraso Technologies.

In addition to existing investors iNovia Capital and VentureLink Funds, joining the investment syndicate as a new investor is the Ontario Emerging Technologies Fund (OETF).

"Celtic House has built a portfolio of companies in digital multimedia," said Ron Glibbery, CEO of Peraso. "The domain knowledge of the Celtic House team and the business advantages derived from being part of their cluster of companies provided the foundation for Peraso to rapidly bring to market the world's first 60 GHz multimedia transceiver."

Peraso is developing single-chip millimeter-wave transceivers for next-generation (60 GHz) wireless multimedia.

Company:
iNovia Capital
Website:
http://www.inoviacapital.com
Location:
Montréal, Québec, Canada

iNovia Capital is one of Canada’s premier managers of seed and early-stage venture capital funds, with operations in both Eastern and Western Canada. We combine access to innovative technologies, deal-structuring experience and a rigorous investment philosophy to build successful companies that deliver returns. Whether in information technology, life sciences or cleantech, we seek out companies that have global... more

Company:
Celtic House Venture Partners
Website:
http://www.celtic-house.com
Location:
Toronto, Ontario, Canada

For over 15 years, Celtic House Venture Partners has been Canada’s most active investor in private information and communications technology companies. Applying a unique architectural approach to investing and capitalizing on the deep domain expertise of its partners, Celtic House has consistently provided superior financial returns to its investors. With $315 million under management, Celtic House has... more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media Inc. and Editor-in-Chief of Techvibes.com.  His diverse background includes stints in International Trade Finance, Web Development, and Enterprise Software and he is a graduate of the University of British Columbia, British Columbia Institute of Technology, and Simon Fraser University. When not running Canada's leading technology media property, Rob can... more



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