Tachyum Closes $25 Million Series A Round

SAN JOSE, Calif. – Tachyum Inc. announced today that it has finalized a Series-A funding round led by private equity investor IPM Group, with participation of the Slovak Government, that will be used to continue the advancement of the company’s efforts to bring its Prodigy Universal Processor chip to market. Now with $25M in its post Series-A war chest, the Tachyum development team is able to reach its next major milestone in early 2020, in order to bring the Prodigy chip to market in the second half of 2020. The closing of this equity investment round was key to support Tachyum’s…