PORTLAND, Ore. Silicon Clocks Inc., a Fremont, Calif., fabless vendor of microelectromechanical system (MEMS) timing chips, has landed $10.3 million in a Series C financing round led by new investor Silicon Labs.
Silicon Labs (Austin, Texas) joined previous investors Charles River Ventures, Formative Ventures, Lux Capital and Tallwood Venture Capital to fund Silicon Clocks' efforts to ramp production of its J-Series phase-locked loop technology, which produces low-jitter oscillators in the 100- to 700-MHz range using a proprietary CMEMS (CMOS + MEMS) process.
CMEMS lets MEMS timing devices be fabricated atop a customer's existing CMOS chip designs, eliminating the need for separate timing chips, according to Silicon Clocks. The company plans to license its technology to CMOS chip makers so they can add timing capabilities to their own designs.
New investor Silicon Labs could represent a significant sales and marketing channel for Silicon Clocks' intellectual property, since Silicon Labs has a track record in delivering analog and mixed-signal chips for applications in consumer, communications, computing, industrial and automotive markets.