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Article: Artimi Secures $14 Million in Series A Funding; Financing to Accelerate Development and Expand Global Sales and Marketing Activities.
- Article from:
- PR Newswire
- Article date:
- July 12, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BURLINGAME, Calif., and CAMBRIDGE, England, July 12 /PRNewswire/ -- Artimi Inc., a fabless semiconductor company developing Ultra Wideband (UWB) silicon solutions, announced today that it has closed a $14 million Series A funding round. Index Ventures co-led the round with Accel Partners and Amadeus Capital Partners Ltd and investment from Oak Investment Partners.
Artimi is developing UWB integrated circuits that provide high bandwidth wireless connectivity for consumer electronics, personal computer peripherals and industrial equipment. In a low cost, single chip solution, Artimi's patented technology will extend the range and boost the performance of UWB ...