Tuesday, October 24, 2006

Quorum Raises $15 Million for CMOS radio frequency (RF) transceivers

Quorum Systems, a start-up based in San Diego, raised $15 million in a Series C funding, for its ultra-low-power, high-performance CMOS radio frequency (RF) transceivers.

The company recently moved into production volume of its first "Sereno" QS1000 quad-band GSM/GPRS/EDGE transceiver. The product family will include the QS1000, QS2000 and QS3000. The QS2000 integrates quad-band GSM/GPRS and EDGE capability with 802.11b/g, enabling simultaneous operation of Wi-Fi and cellular. The Sereno QS3000 combines GSM/GPRS/EDGE and 3G HSDPA into a single-chip, offering global support for dual mode HEDGE handsets.

Crescendo Ventures, a new investor to Quorum Systems, led the Series C funding, which also included existing investors Greylock Partners, Kleiner, Perkins, Caufield and Byers, and Enterprise Partners Venture Capital.