Article: u-Nav Microelectronics Secures $10 Million in Second Round of Financing Led by Shelter Capital Partners and Danske Venture Partners.

IRVINE, Calif. -- u-Nav Microelectronics, developer of the world's smallest and lowest power global positioning satellite (GPS) integrated circuits, today announced that it has received $10 million in its second round of financing. Led by Shelter Capital Partners and Danske Venture Partners, the round also included investments from iSherpa Capital and Startupfactory.

u-Nav develops GPS chipsets and software for the emerging mobile location based services market. The company's ultra-low power GPS technology delivers state-of-the-art performance, enabling precision location capability both indoors and in dense urban canyons. u-Nav's products support both ...

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