Alereon, Inc., an Austin, Texas-based fabless semiconductor company using industry standard Ultra Wideband (UWB) radio technology to develop low-power, wireless solutions for connecting media rich products and displays, has closed a $6m financing.
The round was led by Enhanced Capital Partners with participation from current investors Pharos Capital Partners and Duchossois Technology Partners.
Led by CEO Eric Broockman, Alereon aims to enable consumers to simply and wirelessly stream real-time video and data from consumer electronics to HDTVs, monitors and laptops.
The company intends to use the funding to expand its current wireless monitor docking station technology used in products such as the Samsung Central Station and the newly introduced Samsung Smart Station as well as the development of new technologies for industrial, medical, networking and gaming products.
FinSMEs
05/06/2013