LONDON Ultrasoc Technologies Ltd. has raised £400,000 (about $575,000) of equity investment from the South East Seed Fund, managed by Finance South East, and the Iceni Seedcorn Fund. Karl Heeks serves as CEO of Ultrasoc. John Read, the chairman of the Iceni Investment Advisory Board, is set to join the board of Ultrasoc as chairman.
Ultrasoc, a startup company formed in 2005 as a spin-off from the University of Kent has recently relocated from Colchester to Cambridge. The company is developing chip design and systems development tools for embedded multiprocessor system on chip (MPSOC) design. The company is attempting to exploit research carried out by Professor Klaus McDonald-Maier with Andrew Hopkins and their team.
The funds will be used to develop and market UltraDebug, a multiprocessor, system-on-chip debug support platform. When completed UltraDebug will provide superior, application-level, debugging facilities, enabling the embedded systems industry to create more advanced and reliable products in markets such as automotive and consumer devices, the company claimed.
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