Sckipio Raised $10M for G.fast Rollout
8 May, 2018
The investment will be used to support the global rollout of G.fast solution with tier-1 service providers. 80% of service providers said they plan to deploy G.fast by the end of 2018
Sckipio Technologies from Ramat Gan, Israel, has raised $10M USD in a round led by MegaChips, with the participation of Intel Capital, Pitango Venture Partners, Genesis Partners, Gemini Israel Ventures, Amiti Ventures, Aviv Ventures, CIRTech Fund and Axess Ventures. The additional investment will be used to support the global rollout of G.fast solution with tier-1 service providers. The recent round brings the total investment in Sckipio to $50 million.
Founded in 2012, Sckipio is the first semiconductor company focused on the new ITU standard, G.Fast. It was founded by a veteran team of communications experts with deep experience in broadband access and home networking solutions and consists of 70-person team. In October 2017, the company demonstrated 3.1Gbps of download and 900Mbps of upload on production silicon using G.fast bonding running at 212Mhz. The demonstration was developed in partnership with software company Civica.
“Sckipio is pushing G.fast to astonishing speeds with production silicon,” said David Baum, Co-founder and CEO of Sckipio. “No other G.fast solution delivers end-to-end 212a profile bonding.” The company said in a press release that it is the only company to demonstrate standards-compliant, commercially available G.fast silicon that runs 4Gbps of aggregate traffic on two bonded pairs of CAT-3 wiring (regular copper telephone wires). The demonstration uses Sckipio’s SCK23000 chipsets, Civica WanStaX software and the Microsemi WinPath network processor.
In a recent survey made by Broadbandtrends, 80% of service providers said they plan to deploy G.fast by the end of 2018. “We see a tremendous global opportunity for G.fast and see Sckipio as the leading player,” said Akira Takata, MegaChips president and CEO. “MegaChips has a long history working with Sckipio executives and believes strongly in the company’s team, technology, vision and execution.”
The Japanese MegaChips Corporation was established in 1990 as the first innovative fabless semiconductor company in Japan. Its expertise includes analog, digital and MEMS technologies.
Photo above: Sckipio’s G.fast distribution point unit (DPU) that supports up to 24 subscribers in a single DPU.
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