|
|
Article: Nemerix receives $22m in Series-C funding; Financing round allows continued development of innovative GPS solutions focused on personal navigation and mobile handset customers.
- Article from:
- M2 Presswire
- Article date:
- September 17, 2007
CopyrightCOPYRIGHT 2007 M2 Communications Ltd. 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)
|
M2 PRESSWIRE-17 September 2007-Nemerix: Nemerix receives $22m in Series-C funding; Financing round allows continued development of innovative GPS solutions focused on personal navigation and mobile handset customers(C)1994-2007 M2 COMMUNICATIONS LTD
RDATE:17092007
Manno, Switzerland -- NemeriX, a leading A-GPS solution provider based near Lugano, Switzerland, closed a $22m (CHF 27m) financing round. All existing investors (Atila Venture Partners, Auriga Partners, Oak Investment Partners, PolyTechnos Venture-Partners and VI Partners) participated.
NemeriX is a fabless semiconductor company offering the world's lowest power Global Positioning ...