WiSpry Raises $13.5M Series B

Irvine-based WiSpry has raised $13.5M in a Series B funding round, the firm said this morning, led by L Capital Partners. New investor Hotung Capital Management, along with existing investors American River Ventures, Blueprint Ventures, In-Q-Tel, Tech Coast Angels and Western Technology Investment also participated. WiSpry is developing tunable radio frequency integrated circuits (RFICs) for wireless devices. WiSpry said that the funding will go towards ramping the development, production, and sales of its devices. More information »