Tag Archives: Ambric

Ambric shuts down

This was a surprisingly fast end to a company that looked like a rare survivor amidst the scattered carcasses of reconfigurable computing startups. Ambric actually had working systems, had customer wins, over $30M in revenue (according to VentureWeb) and academic/research partners that believed in the technology. What they apparently lacked was the confidence and patience of the investment community, which had put in something like $36M to-date and were perhaps spooked by the $200M failure of MathStar, a Portland-area reconfigurable computing neighbor, earlier this year.

If there’s any lesson in this, it’s that the funding environment for new reconfigurable computing devices is getting challenging, and the best bets are on companies making use of established FPGA devices, imperfect though FPGAs may be for RC.


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