GainSpan raises $5M to add Wi-Fi connectivity to household appliances

November 3, 2010 10:50 PM
Julie Klein
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GainSpain, a company that makes low-power Wi-Fi chips, has raised $5 million of an expected $20 million in equity, according to a filing with the SEC. In August, the San Jose-based startup released a Wi-Fi module that can be embedded into home appliances, allowing users to operate devices like refrigerators and dishwashers from a laptop or cell phone.

Founded in 2006, GainSpan has raised more than $35 million to date from Opus Capital, Intel Capital, New Venture Partners, OVP Venture Partners and Sigma Partners.

  • http://twitter.com/udoubt jhon

    Security issue raise suspicion over gainspan serial to wifi module. Company may close sooner

  • http://venturebeat.com/2011/12/05/gainspan-nabs-18m-from-intel-nvp-sigma-opus-to-develop-next-gen-wi-fi-chips/ GainSpan nabs $18M from Intel, NVP, Sigma, Opus to develop next-gen Wi-Fi chips | VentureBeat

    [...] San Jose, Calif.-based GainSpan was founded in 2006 and maintains a research and development team in India. With the new funding, the company has raised about $56 million, including a $5 million investment back in November 2010. [...]

  • http://technela.com/uncategorized/gainspan-nabs-18m-from-intel-nvp-sigma-opus-to-develop-next-gen-wi-fi-chips/ GainSpan nabs $18M from Intel, NVP, Sigma, Opus to develop next-gen Wi-Fi chips – Technela

    [...] San Jose, Calif.-based GainSpan was founded in 2006 and maintains a research and development team in India. With the new funding, the company has raised about $56 million, including a $5 million investment back in November 2010. [...]

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