Darnell Group has confirmed that start-up CHiL Semiconductor recently closed $10 million in venture funding to develop "the next generation digital power chip." Applications targeted by CHiL range from personal computers and servers to enterprise-class communications equipment and aerospace systems.
According to reports, CHiL has designed a digital power chip that improves the ability to support the volatile power demands of next-generation microprocessors by up to ten times, while at the same time reducing the need for capacitors.
Although the company web site has a Massachusetts address, CHiL's co-founders, Praveen Jain, Kalai Kalaichelvan and Nishith Goel, are located in Ottawa, Canada. Dr. Jain, CHiL's Chief Technology Officer, is the Canada Research Chair in power electronics at Queen's University. His recent research activities have focused on power architectures for ultra high-speed processors and the design of efficient high-frequency power converters.
Ran Sudireddy, a former Bell Labs researcher has been tapped as CHiL's CEO. Formerly with Applied Micro Circuits, Sudireddy will operate out of an office in the Boston area. CHiL expects to have as many as 40 employees by the end of this year. About two-thirds of the workforce are expected be in Ottawa, with most of the remainder in Boston.
John LoMedico, who worked with Sudireddy at Applied Micro Circuits, has been selected to take charge of sales and marketing at CHiL. While at Applied Micro Circuits, LoMedico was Director of Marketing and Applications.
