Tech Company Financing Transactions
Ascenium Funding Round
Ascenium, based in Campbell, scored $25 million in investment from Ascenium Holding AS and private investors.
Transaction Overview
Company Name
Announced On
7/9/2021
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Undisclosed
Investors
Ascenium Holding AS (Lead Investor)
Proceeds Purpose
The company plans to use the new capital to grow the team to support its ongoing development efforts and accelerate improvements in its compiler, which can currently compile large benchmark programs to execute on its FPGA testbed.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
51 E Campbell Ave. 102
Campbell, CA 95008
USA
Campbell, CA 95008
USA
Phone
Website
Email Address
Overview
Ascenium is a lean team that has invested years in creating its breakthrough computing technology. Ascenium Inc is headquartered in downtown Campbell California, and has offices in Stavanger and Oslo Norway.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Foley
VP - Engineering
Øyvind Harboe
VP - Engineering
Allen Sansano
VP - Marketing
Sunil Kar
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