Spurned by VCs, a Chip Startup Turns to Kickstarter

(GIGAOM): Andreas Olofsson, the founder and chief executive of Adapteva, had a problem. He had built a computer chip that could deliver the horsepower of a supercomputer on a smartphone or a tablet. His Epiphany chip design was manufactured and then placed on circuit boards used by the military, but at $10,000 for a board, most businesses and the consumer electronics market wouldn’t touch them. FULL ARTICLE