Tiempo, which deploys an innovative technology for designing asynchronous, ultra-low consumption integrated circuits, has just completed a €5m series B financing round with two new investors, Viveris Management and Oddo Private Equity. Previous series A investors also took part in the round. The company develops and markets a complete solution, centring on core IPs and design software, for high-performance, delay-insensitive integrated circuits. This technology makes Tiempo one of the leading players in asynchronous cores for microcontrollers, microprocessors and cryptoprocessors.
Target applications including circuits with very low power consumption for embedded and/or secure electronics: power management circuits, RFID chips, standard or contactless smart cards, as used in key sectors such as automotive electronics, healthcare and mobile phones. The energy-saving performance of Tiempo microcontrollers is so impressive they are already well placed in the fast growing green electronics market.