Adapteva raises $3.6M for the ‘most energy efficient’ parallel computing chips

(VENventurebeatTUREBEAT): Parallel processing chip design firm Adapteva has raised $3.6 million in a round of funding from Carmel Ventures and telecommunications firm Ericsson. The Lexington, Mass.-based company will use the money to complete prototypes for its chips that it touts as energy-efficient parallel computing chips. The deal is a big endorsement for Adapteva’s technology, which can be used to provide energy-efficient parallel processing in telecommunications basestations — such as those made by Ericsson — and a variety of other supercomputing devices. FULL ARTICLE

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