Ozmo Devices, a Palo Alto, Ca-based provider of low-power Wi-Fi Personal Area Network solutions, has completed a $10.8m Series D funding round.
The investment, which was led by Atlantic Bridge Ventures, with participation from existing venture partners Granite Ventures and Intel Capital, follows a $7.5m Series C round closed by Ozmo in September 2009.
In conjunction with the funding, Brian Long, partner at Atlantic Bridge, will join the company’s board of directors.
As also stated by said Bill McLean, Chief Executive Officer at Ozmo Devices, this funding will accelerate the company’s next phase of growth phase as it start ramping up production.
FinSMEs
07/06/2010