UltraSoC invests £5m into the cybersecurity, high-reliability and safety-critical systems markets, with the help of eCAPITAL, Seraphim Capital, Indaco Venture Partners, Octopus Ventures, Oxford Capital, Techgate, with the help of Guillaume d’Eyssautier.
As part of its planned expansion, UltraSoC will be recruiting hardware and software engineers at its headquarters in Cambridge, UK, and design center in Bristol, UK. It also plans to open an engineering center in Warsaw, Poland, to develop its data science and machine-learning technologies; it will expand its network of customer support engineers globally, and increase its commercial presence in key markets, including Europe, the USA, Japan and China.
UltraSoC chairman, Alberto Sangiovanni-Vincentelli, commented: “Developers are struggling to cope with the need for trusted solutions for cybersecurity and functional safety. UltraSoC is uniquely able to provide such features at the fundamental hardware level. eCAPITAL and Seraphim add sector-specific focus and expertise in cybersecurity and in the aerospace ecosystem, where functional safety and reliability are paramount. I’m delighted to have secured their support, alongside our existing major investors who have recommitted in this latest funding round.”
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