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Product category: Communications ICs (Wireless)
News Release from: Artimi
Edited by the Electronicstalk Editorial Team on 14 December 2006

Artimi secures USD26.5 million in series
B funding

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Artimi, developer of wireless semiconductors for portable Certified Wireless USB consumer electronics, has closed USD26.5 million in equity financing.

Artimi, developer of wireless semiconductors for portable Certified Wireless USB consumer electronics, has closed USD26.5 million in equity financing Three current investors, Accel Partners, Amadeus Capital Partners, and Index Ventures, led the Series B investment

Additional funding came from existing investor, Oak Investment Partners, and a new investor, Bank of Scotland Growth Equity.

To date, the company has raised USD45 million.

"Validated by leading consumer electronics manufacturers, Artimi's low-power A-150 MAC has demonstrated the highest data throughput in the market," said Giuseppe Zocco, general partner with Index Ventures, and Artimi chairman.