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.