Indice Semiconductor, a company that builds energy-saving chips, has raised $6 million in a round led by Pixelworks co-founder Allen Alley. Along with the fresh cash, the six-year-old company will also be moving its headquarters from Australia to Tualatin, Ore.
Indice has shipped nearly one million chips since 2008 to customers that use its technology for an array of appliances like LED lighting and electric vehicles. The new funding will be used to accelerate sales and manufacturing.
