Monrovia, CA – According to filings with the U.S. Securities and Exchange Commission, SiLC Technologies is raising $25,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Mehdi Asghari played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SiLC Technologies
Machine vision innovator SiLC Technologies is focused on enabling human-like perception across autonomous driving, robotics, smart cameras and more. SiLC is differentiated as being the only company to date to successfully integrate an FMCW imaging system on a cost-effective silicon platform. Founded in 2018 by silicon photonics industry veterans with decades of commercial product development and manufacturing experience, SiLC uses a proprietary silicon-based semiconductor fabrication process to manufacture its chips and standard, automated IC style assembly processes. The result? Robust, cost-effective, compact solutions that open the door for a new era of smarter automation.

To learn more about SiLC Technologies, visit http://www.silc.com/

Contact:
Mehdi Asghari, Chief Executive Officer
626-375-1231
https://www.linkedin.com/in/mehdi-asghari-5105911b/

SOURCE: http://www.intelligence360.io
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