Ozmo Devices, a provider of low-power Wi-Fi personal area network solutions, has received USD7.5m in series C funding from its current investors Granite Ventures, Intel Capital and Tall
Ozmo Devices, a provider of low-power Wi-Fi personal area network solutions, has received USD7.5m in series C funding from its current investors Granite Ventures, Intel Capital and Tallwood Venture Capital.
Ozmo Devices provides the world’s first low-power Wi-Fi personal area network solutions enabling high-performance wireless connectivity between low-power peripherals (such as mice and headsets) to Wi-Fi-enabled platforms such as PCs, smartphones, multi-media players, and game consoles.
"Ozmo Devices’ leadership in Wi-Fi PAN technology and the fact that its IC products allow peripheral devices to outperform those powered by legacy technologies like Bluetooth provide a tremendous foundation for the growth of the company," says Len Rand, managing director of Granite Ventures. "Ozmo Devices has gained market traction and forged key relationships with noteworthy companies including Intel, Avago Technologies, and Wolfson Microelectronics. We are pleased to continue to support the company as it scales up its operations."
"This new investment allows Ozmo to expand its sales and field engineering activities and continue its state-of-the-art development efforts," says Dave Lyon, chief executive officer, Ozmo Devices. "We are thrilled with the demonstrated enthusiasm and support from all our existing investors, especially in these tough economic times. It provides a strong validation of Ozmo’s unique value proposition and long term market potential."
