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Tuesday, June 20, 2006
Kalon Gets $10.9M
San Diego-based Kalon Semiconductor has receivd $10.9M in a Series A venture round, the firm said this morning. The venture funding round was led by Enterprise Partners, and also included participation by Avalon Ventures, Cisco Systems, and Mission Ventures. Kalon is developing high data rate, connectivity products for wireless and wired applications, based on an ultra-wideband architecture. The firm is targeting wireless USB, home multimedia, wireless high definition video (HDMI) and Bluetooth 3.0 markets. As part of the funding, Ali Hedayati, Entrepreneur-in-Residence at Enterprise Partners, has been named CEO of the firm. In addition to its San Diego headquarters, Kalon also maintains operations in Taiwan.
posted on Tuesday, June 20, 2006 (Link to more information)
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