G.fast is HERE: Sckipio slurps funding to cook up SPAWN of VDSL tech
Having sold his company Coppergate to Sigma Designs in 2009 for around $190m, Sckipio boss David (Dudi) Baum has got the band together to build a fixed broadband chip to take advantage of the 1Gbps-over-copper VDSL successor G.fast, which was ratified as an ITU standard this week. Sckipio has raised $17m in a series of second-round funding moves led by Pitango Venture Capital, to be combined with follow-on investment from the original Series A investors: Gemini Israel Ventures, Genesis Partners, Amiti Ventures and Aviv Ventures.
