Thursday, October 12, 2006

Tzero Raises Funding for UWB Wireless Video Silicon

Tzero Technologies, a start-up based in Sunnyvale, California, announced that Miven Venture Partners has made a strategic investment in the company to support its ultra wideband (UWB) wireless technology.

The investment, which is an extension of the Tzero's Series B private equity funding round, is the ninth strategic investment by Miven, and will be used to expand business opportunities and bring new products to market. The company also announced that Victor Tsao, the founding general partner of Miven Venture Partners, Linksys co-founder and senior vice president of Cisco Systems, will act as an advisor to the company. Miven Venture Partners joins existing investors in Tzero including August Capital, Lightspeed Venture Partners, OVP, USVP and VentureTech Alliance.

  • In June 2006, Tzero Technologies announced that it has raised $25.5 million in Series B private equity funding. The investment was led by first-time investor OVP Venture Partners, which was joined by Quilvest and all of Tzero's current investors, including August Capital, Lightspeed Venture Partners, U.S. Venture Partners, and VentureTech Alliance, the investment management arm of TSMC.