Loading organizations...
Loading organizations...
Peraso Technologies is a technology company.
Peraso Technologies has raised $99.0M across 5 funding rounds.
Peraso Technologies has raised $99.0M in total across 5 funding rounds.
Peraso is a World leader in the development of mmWave silicon and is one of the few semiconductor companies shipping mmWave devices in high volume. Our products enable a range of applications such as mmWave 5G and Fixed Wireless Access with low latency and high reliability.
Peraso Technologies has raised $99.0M in total across 5 funding rounds.
Peraso Technologies's investors include Imed Zine, IDT, Roadmap Capital, iNovia Capital, Celtic House Venture Partners, Ontario, VentureLink Funds.
Peraso Technologies Inc. (NASDAQ: PRSO) is a semiconductor company specializing in high-performance mmWave wireless technology, including chipsets, modules, software, and IP for 5G applications.[1][2][4] It serves telecom networks, fixed wireless access providers, immersive video, factory automation, and edge computing users by delivering multi-gigabit speeds, low latency, and reliable connectivity from the edge to the cloud.[1][4] The company solves challenges in high-bandwidth wireless transmission, such as sensitivity to manufacturing variations, through proven high-volume production of mmWave silicon, enabling applications like fixed wireless access over 20km, wireless video streaming, AR/VR/XR, tactical communications, and transportation systems.[2][4] Growth momentum includes securing a $1.4 million follow-on order for mmWave solutions aiding South African ISPs with reliable internet amid power issues, alongside over $100 million invested in development since 2008 and more than 40 patents.[3][4]
Peraso Technologies began developing mmWave technology in 2008, establishing core expertise in RF circuits, signal processing, beamforming, antenna technology, and high-volume production testing.[1][2][4] The company gained public market status in December 2021 through a business combination between MoSys, Inc. and Peraso Technologies Inc., forming Peraso Inc.[1] Its team combines deep technical skills in mmWave systems, phased array antennas, and wireless design with commercial experience from markets like digital video and gigabit Ethernet, enabling it to ship production-ready mmWave semiconductors ahead of many competitors.[2] Headquartered in San Jose, California, with Canadian roots in advanced silicon development, Peraso has evolved from early mmWave R&D to a leader in 5G fixed wireless and edge solutions.[3][5]
Peraso rides the mmWave wave in 5G expansion, enabling high-speed, low-latency wireless alternatives to fiber for fixed access, edge computing, and untethered applications amid surging demand for bandwidth-intensive uses like AR/VR and factory automation.[1][4] Timing aligns with global 5G deployments and power-constrained regions needing resilient connectivity, as shown by recent orders validating mmWave over traditional options.[3] Market forces favoring Peraso include spectrum availability in unlicensed 60 GHz bands, edge-to-cloud integration needs, and its $100M+ R&D investment yielding 40+ patents for interference-resistant, secure links.[4] It influences the ecosystem by shortening mmWave adoption cycles for ISPs, OEMs, and industries, driving multi-gigabit wireless as a backbone for data intelligence and tactical systems.[1][2]
Peraso is positioned to capitalize on 5G mmWave proliferation, with next steps likely including expanded module shipments, new tactical and transportation wins, and partnerships accelerating fixed wireless globally.[3][4] Trends like edge computing growth, AR/VR mainstreaming, and resilient infrastructure in emerging markets will propel demand for its low-latency silicon.[1] Influence may evolve through scaled production and IP licensing, solidifying its pioneer status in transforming wireless from bottleneck to multi-gigabit enabler—much like its origin in pioneering mmWave viability.[2][4]
Peraso Technologies has raised $99.0M across 5 funding rounds. Most recently, it raised $42.0M Other Equity in February 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 19, 2019 | $42.0M Other Equity | Imed Zine | |
| Apr 1, 2016 | $20.0M Series C | IDT, Roadmap Capital | iNovia Capital |
| Oct 31, 2014 | $20.0M Other Equity | Roadmap Capital | Celtic House Venture Partners, Ontario, VentureLink Funds |
| Nov 1, 2010 | $8.0M Series A | iNovia Capital | |
| Oct 1, 2009 | $9.0M Series A | iNovia Capital |