Atmosic, a Campbell-based global leader in energy harvesting wireless platforms to the Internet of Things, raised $72 million in funding
Sutter Hill Ventures led the round.
Atmosic will also launch its new ATM33 Series Bluetooth (r),5.3 family of system-on-chips (SoCs). These SoCs leverage energy harvesting technology to improve energy efficiency and eliminate the need to replace batteries in connected products.
With the introduction of the ATM33 series, the company plans to expand its operations and reach.
Atmosic, led by David Su, CEO is an innovative, fabless semiconductor company. It designs ultra-low power wireless solutions and energy harvesting systems to reduce battery dependency. The goal is to provide a battery-free connected Internet of Things and a lifetime of battery life. The company’s products allow the IoT device industry (designers, manufacturers, end-users, and those responsible for deployments) to lower costs and reduce the effort required to maintain the growing Internet of Things in Personal and Home, Auto and Healthcare as well as Industrial, Enterprise, Enterprise, and Smart Cities segments.
Atmosic’s business grew by 10x in shipments and 500% in customer base over the past year. This includes the recent partnership announcement made with Universal Electronics Inc. (the global leader in wireless universal control solutions and home entertainment devices). Atmosic continues to improve its ultra-low energy and energy harvesting technology roadmap, expands its global footprint and delivers breakthrough IoT innovation to its customers.