Peraso Technologies secures new financing

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By Ted Liu

Peraso Technologies, Inc., a Toronto based provider of Wireless Gigabit (WiGig®) technology, has raised $8.96 million in two closing in March and April, 2017, according to the company filings. Roadmap Capital led financing.

Peraso Technologies has yet to make announcement on its new funding.

The amount included only investments from Ontario investors and the total deal size is likely to be higher.

On April 7, 2016, Peraso Technologies raised $20 million in Series C led by Roadmap with participation of Integrated Device Technology, Inc (IDT) and iNovia Capital. Notebly both Roadmap Capital and iNovia Capital made their investments through single purpose vehicles (SPVs).

photo credit: Jess Foami