GrowthBusiness.co.uk is reporting that Edinburgh-based computer processing technology developer Spiral Gateway has secured over £700,000 of funding from a consortium headed by technology-focused financier Braveheart.
Braveheart was joined in the syndicate by Imperial Innovations, Bank of Scotland Corporate and the Scottish Co-investment Fund.
Spiral’s core product helps computers to process multimedia, wireless and broadband tasks. It aims to incorporate its technology on to silicon chips and will initially target the image signal processing market, a function required in every camera-enabled mobile phone.
Founded in 2004, the company was a tech spin-out from Edinburgh University. It has a licence with the institution for the rights to its reconfigurable instruction cell architecture technology. It recently released a silicon-based prototype of the technology to market its product to the image signal processing market.
