Monday, January 23, 2006

Wisair Raises $20 Million for UWB Silicon

Wisair, a start-up based in Tel Aviv, Israel, raised US$20 million in Series C funding for its Ultra Wideband (UWB) and Wireless USB (WUSB) chipset solutions.

Wisair recently demonstrated its Wireless USB Hub reference design and its high performance 480 Mbps operation at CES in Las Vegas. Wisair also showcased various Wireless USB implementations with 13 companies including: D-Link, Intellon, Seagate and Toshiba.

The funding round was led by funds advised by Apax Partners, with participation from existing investors Bynet, Intel Capital, RAD Group's founders, Vertex, new investor Tomen Electronics, and other strategic investors.

See also