What is Quartics?
Quartics designs and develops proprietary integrated circuits based on its patented Qvu architecture, establishing a new category of video processors known as the system on a chip (SoC) video processing unit (VPU). These VPUs are engineered to deliver superior video playback quality and advanced functionalities, including 2D to 3D video conversion, HD video chat, gesture recognition, and video search. The company's solutions are adopted by major consumer electronics firms globally, enabling an unparalleled HD video experience. Quartics, a fabless semiconductor company headquartered in Irvine, CA, with international offices, was founded in 2003 to address the complexities of modern digital video processing through a programmable semiconductor architecture. The company holds numerous patents in video processing architecture, QoS algorithms, and hardware/software design, positioning its Qvu technology as a potential industry standard for next-generation video processing in personal computers, HDTVs, set-top boxes, and other video-enabled consumer electronics.
How much funding has Quartics raised?
Quartics has raised a total of $51M across 2 funding rounds:
Debt
$7.5M
Unspecified
$43.5M
Debt (2007): $7.5M with participation from Hercules Technology Growth Capital
Unspecified (2012): $43.5M led by Focus Ventures, VantagePoint Capital Partners, and Foundation Capital
Key Investors in Quartics
Hercules Technology Growth Capital
Hercules Technology Growth Capital is a specialty finance company providing senior secured venture growth loans to high-growth, innovative venture capital-backed companies across technology, life sciences, and sustainable/renewable technology industries.
Focus Ventures
Focus Ventures is an investment firm focused on acquiring advanced, drill-ready projects, with a strategy to identify and acquire former producing mines or un-tested gold properties. The firm is led by an experienced technical team of geologists and consultants.
VantagePoint Capital Partners
VantagePoint Capital Partners is a global venture investor established in 1996, focusing on energy innovation and efficiency. They support companies from start-up to scale-up by providing capital, strategic resources, and partnership alliances.
What's next for Quartics?
The substantial enterprise-level funding and recent strategic investment indicate Quartics is poised for significant scaling and market expansion. This capital infusion will likely fuel further research and development into its Qvu architecture, enhance manufacturing capabilities, and broaden its market reach within the consumer electronics sector. The company's focus on next-generation video processing suggests strategic initiatives aimed at solidifying its position against emerging technologies and competitors, potentially exploring new applications for its VPU technology in areas such as augmented reality or advanced display systems.
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