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

by Rob Lewis | Business

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
Location:
Montréal, Québec, Canada

iNovia is an early stage venture capital firm that partners with visionary entrepreneurs to build the next generation of digital platforms and services. We leverage our distributed team and network of experienced founders, company builders and engineers to foster the growth of category-defining businesses. Headquartered in Canada, iNovia manages $450M and invests across North America. more


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Rob Lewis

Rob Lewis

Rob is the President of Techvibes Media 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 be... more




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