GEO Semiconductor is an industry leader in programmable, high-performance geometric processor ICs featuring the patented eWarp geometric processor and H.264 CODECs. The company also offers the Realta platform for real-time video processing in software and human interface technologies including gesture and voice recognition. GEO targets smartphone peripherals, automotive cameras and HUDs, Cloud/IP cameras, Smart/SkypeTV, surveillance, and video communications. The company reports over 100 patents and patent applications, 50 customers in production, 90 employees, and six ICs already in volume production with two new SoCs on the way. GEO completed the December 2012 acquisition of Maxim Integrated Products' digital video business and says recent financing will allow it to accelerate product development. It expects to launch a new eWarp IC in the second quarter and a new CODEC IC later in 2013; the new 40 nm ICs are focused on wide FOV video camera communications and related markets. GEO Semiconductor is an industry leader in programmable, high-performance geometric processor (eWarp) ICs serving smartphones, peripherals, video communications, surveillance, wearables, and automotive cameras. Its patented eWarp platform performs real-time pixel transformations such as de-warping wide-angle, fisheye and 360° video, optical correction, multi-camera stitching and digital ePTZ at low power and silicon cost. GEO is developing the next-generation GEN 4 eWarp processor, with an expected tape-out in Q3 2012, and plans to use Series B proceeds to complete that development. The company reports more than 30 customers in production or design with existing ICs and says it is in active discussions with over 10 strategic partners for the GEN 4 device. GEO recently secured $3 million in debt financing that converts into Series B equity once a funding threshold is met and is targeting $7+ million in total Series B funding. The company is headquartered in Santa Clara, California, with offices in Toronto and Orlando and global sales channels. GEO Semiconductor is an industry leader in programmable, high-performance geometric processor (eWarp) ICs that perform unlimited pixel transformations such as de-warping wide-angle, fisheye and 360° video streams and enabling digital ePTZ. The eWarp platform claims low power and low silicon cost while simultaneously correcting optical distortion and stitching multiple camera streams. GEO’s Realta platform enables real-time software video processing on a single device and is positioned to be competitive at 40 nm and below. The company reports more than 30 customers in production or design with its existing ICs. GEO says it has completed its Series A equity financing (in excess of $1 million) and is focusing on completing a $10 million Series B to finish its next-generation GEN 4 eWarp device. GEO is headquartered in Santa Clara, California, with offices in Toronto and Orlando, and has announced a strategic partnership with AppBanc. GEO Semiconductor develops programmable, high-performance geometric processor (eWARP) and Realta IC platforms for video and image processing. Its low-cost eWARP ICs correct optical issues and enable applications such as real-time HD fisheye/360 unwarping, multi-camera stitching, ePTZ digital pan/tilt/zoom, and LCD/OLED panel color and brightness correction. The platforms support resolutions of 1080P/60Hz and beyond and have achieved multiple design wins across video conferencing, projection, surveillance, broadcast, dynamic signage, and medical/military displays. The company reports it has generated revenue since inception and holds significant design wins with global customers. GEO plans to use new financing to complete development of its GEN 4 eWARP processor and to fund the next phase of corporate growth and expansion into mobility markets including smartphones, tablets, automotive cameras and related peripherals. The products also target cloud-based applications and peripherals to add new camera features to mobile devices. GEO is headquartered in Santa Clara, California, with offices in Toronto and Orlando. GEO Semiconductor is an industry leader in programmable, high-performance video and geometric pixel processor ICs, with two core platform technologies: Realta for real-time HD 2/3D video processing and eWarp for optical/pixel processing trade-offs and de-warping. Its technologies enable features such as color and brightness uniformity correction for LED-backlit LCDs, digital optical correction for smartphone cameras, ePTZ digital pan/tilt/zoom, and other sub-pixel video and geometric processing use cases at 1080p and beyond. GEO ICs have been adopted across markets including medical LCD displays, dynamic signage, broadcast, advanced projectors, 3D laser TV, video conferencing, surveillance, and high-end consumer AV. The company reports many new design wins with industry leaders and intends to use recent funding to support those design wins across multiple applications. Management frames GEO as effectively the equivalent of a later-stage fabless semiconductor company due to its origins as a technology buy-out and the mitigation of early-stage technology and IP risks. GEO is headquartered in Santa Clara, California, with offices in Toronto and Orlando and global sales channels.

Total raised

$22M

Funding rounds

11

Latest round

Convertible Note

Latest activity

Apr 2013