Wi-Fi PAN Provider OZMO Devices Receives $7.5m in Series C Funding



PALO ALTO, Calif -/Wi-Fi Technology News/- Ozmo Devices, the leading provider of lowpower Wi-Fi Personal Area Network (Wi-Fi PAN) solutions, announced today that the company has received $7.5 million in Series C funding from its current investors – Granite Ventures, Intel Capital and Tallwood Venture Capital.

Ozmo Devices provides the world’s first low-power Wi-Fi Personal Area Network (Wi-Fi PAN) solutions enabling high performance wireless connectivity between low-power peripherals (such as mice and headsets) to Wi-Fi-enabled platforms such as PCs, smartphones, multi-media players, and game consoles.


“Ozmo Devices’ leadership in Wi-Fi PAN technology and the fact that its IC products allow peripheral devices to outperform those powered by legacy technologies like Bluetooth® provide a tremendous foundation for the growth of the company,” said Len Rand, Managing Director of Granite Ventures. “Ozmo Devices has gained market traction and forged key relationships with noteworthy companies including Intel, Avago Technologies, and Wolfson Microelectronics. We are pleased to continue to support the company as it scales up its operations.”

This new investment allows Ozmo to expand its sales and field engineering activities and continue its state-of-the-art development efforts,” said Dave Lyon, Chief Executive Officer, Ozmo Devices. “We are thrilled with the demonstrated enthusiasm and support from all our existing investors, especially in these tough economic times. It provides a strong validation of Ozmo’s unique value proposition and long term market potential.”

“Wi-Fi PANs are an exciting and potentially huge opportunity,” said Craig Mathias, a Principal with the wireless and mobile advisory firm Farpoint Group (Ashland, MA). “Extending standardized and near-ubiquitous Wi-Fi connectivity to keyboards, mice, and other peripherals and adjunct devices simplifies overall product designs, improves reliability, and opens the door to new applications and greater convenience for both enterprise users and consumers.”


See Ozmo in Action
Ozmo Devices will be demonstrating its technology at the Intel Developer Forum on September 22-24, 2009. The event will be held at Moscone Center West in San Francisco, CA. Ozmo Devices will be showcasing its solution with other select Intel® partners in the Intel® My WiFi Technology (Intel® MWT) demonstration area (booth #8).


About Ozmo Devices
Ozmo Devices is the leading provider of low-power Wi-Fi PAN solutions. Ozmo Devices extends the functionality of Wi-Fi-enabled platforms to seamlessly communicate with peripherals. Ozmo Devices’ silicon solution delivers superior performance for low-power wireless peripherals like mice and headsets. Ozmo Devices is backed by top-tier venture capital firms and managed by semiconductor industry veterans. The company is headquartered in Palo Alto, California, and has offices in the United Kingdom.

For more information about Ozmo Devices, visit http://www.ozmodevices.com.