Ember lands $8M for a hefty slice of the smart grid
The Ember Corporation, a major vendor of ZigBee wireless networking technology, just brought in $8 million in capital to connect household devices and appliances to the smart grid. Like most other companies in the space, the bulk of its business comes from equipping smart meters with radio chips and software that allow utilities and homeowners to easily share energy-consumption data.
As the leading provider of ZigBee services, Ember is in prize position to take advantage of… Continue Reading
Provigent takes $10M for wireless chips
Chip maker Provigent received $10 million in fifth-round funding, all from Lightspeed Venture Partners, to develop chips for 4G cellular base stations and wireless applications. The funds will also be used to extend sales efforts globally — the Santa Clara, Calif.-based company is already active in Europe and Asia.
Provigent has raised $51 million to date from the likes of Ascend Technology Ventures, Delta Ventures, Globespan Capital Partners, Magma Venture Partners, Pitango Venture Capital, Sequoia Capital,… Continue Reading
Provigent, system-on-a-chip for wireless, raises more cash
Provigent, a Santa Clara provider of system-on-a chip for wireless broadband transmission, said it has raised $17 million total in a fourth round of financing.
Stata Venture Partners joined existing backers Sequoia Capital, Pitango Venture Capital, Globespan Capital Partners, Ascend Technology Ventures, Magma Venture Partners, Delta Ventures, and Dr. Andrew Viterbi, co-founder of Qualcomm. The company had already announced raising the fourth round in March, and Stata added money to the round.
It said Ray Stata, co-founder… Continue Reading