Samsung and Qualcomm are backing a small wearable chip startup that has developed a processor targeted specifically at wearables.
Santa Clara Calif.-based Ineda Systems on Tuesday announced that an investment group, which includes Samsung and Qualcomm, have agreed to $17 million in funding.
Along with the investment disclosure, Ineda announced a Wearable Processor Unit (WPU) that allows an always-on wearable to achieve battery life of up to one month. Today, wearable device battery life is typically anywhere from a few hours to a few days, depending on the device.
The Dhanush WPU family consists of four products, which are designed for different product segments.
The chips are based on its Hierarchical Computing architecture.
"Hierarchical Computing is a tiered multi-CPU architecture with shared peripherals and memory...all the CPUs can be individually or simultaneously active, working in sync while handling specific tasks assigned to them independently," the company said in a statement.
Ineda's management team includes board chairman Sanjay Jha, who is also Globalfoundries CEO. And board member Krishna Yarlagadda is president at graphics chip supplier Imagination Technologies.
Ineda plans to begin producing its WPU later this year.