HMicro, a Fremont, Calif. and India-based wireless solutions company developing integrated products for medical, industrial and the broad Internet of Things, secured $5.5M in Series B funding.
Backers included Seraph Group, Reddy Capital Partners and X/Seed Capital Partners.
The equity investment will support the development and commercialization of its Wireless Technology.
Led by Surendar Magar, CEO, HMicro makes of system-level solutions for wireless applications in the medical, industrial and the broad internet of things.
Its REACH wireless technology utilizes multiple radio bands to enable connectivity for tens of devices operating simultaneously and wired-class reliability, enabling OEMs to develop differentiated products.
FinSMEs
22/10/2014