Peraso technologies secures $10 million in financing

Toronto's Peraso Technologies Inc has received $10 million in series A financing to develop and commercialize its multi-gigabit mmwave transceiver technology. The fabless semiconductor company received funding from Celtic House Venture Partners, iNovia Capital and VentureLink Funds. Celtic House says it expects Peraso to take advantage of synergies with its portfolio of consumer electronics-based companies by leveraging their technologies and customer relationships. Peraso's single-chip mmwave transceivers are compatible with emerging 60 GHz standards in the mobile consumer electronics market characterized by low power consumption and optimal system implementation....