ARM, Cisco, others back MCU startup

EETimes Europe: Ambiq Micro Inc., a 2010 microcontroller startup, has announced it has received a $2.4 million in venture capital funding from backers that include ARM Holdings plc and Cisco Inc. The seed funding round was led by DFJ Mercury. Other investors include: ARM, Draper Fisher Jurvetson, Cisco, The Frankel Fund, Huron River Ventures and a number of undisclosed private investors.