29 Apr '16, 10am

Crowd funding changing the game for chip firms

Crowd funding changing the game for chip firms

Lime Microsystems has started a crowd-funding campaign to bring their LimeSDR software defined radio platform into full-scale production. The company is hoping to raise $500,000 to fund the final stages of development and mass production of the LimeSDR. Crowd-funding is changing the way companies commercialise their product developments. It gives them the possibility to bring a new product to market quicker than if they had to plan the investment from internal resources. They can explore new areas and be more opportunistic in their product plans. Last year, Imagination Technologies used a Kickstarter campaign raise £30,000 to bring its Creator Ci40 IoT development board to the embedded computing market being defined by Raspberry Pi and Arduino. It also gives companies the opportunity to modify and expand their product launch plans as a result of customer response they get ...

Full article: http://www.electronicsweekly.com/news/crowding-funding-ch...

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