Semiconductor firm receives $108million for 3d programmable logic devices

Programmable logic specialist, Tabula, has secured $108million in Series D funding, in what is thought to be the largest round awarded to a private semiconductor company in the last decade.

The company will use the new capital to accelerate production of its 3d programmable logic devices, which it claims are the industry's first. Featuring 'breakthrough' architecture and Spacetime technology, the 3PLD ABAX product range is designed to enable customers to use high capability programmable chips in production volumes for the first time. "The programmable logic market is seeing tremendous growth driven by the build out of the telecommunications infrastructure," said Dennis Segers, pictured, company ceo. "This infrastructure build is necessary to keep pace with the global demand for more bandwidth to support smartphone usage for accessing data and video online. The funding represents a resounding validation of our breakthrough Spacetime 3d programmable logic technology."