GainSpan Obtains $18,000,000 Series C Funding

  • Feed Type
  • Date
    12/5/2011
  • Company Name
    GainSpan
  • Mailing Address
    125 S. Market Street San Jose, CA 95113-2292
  • Company Description
    GainSpan brings Wi-Fi sensor networks to life. The company’s semiconductor and software solutions break new ground in Wi-Fi applications by enabling years of battery life for Wi-Fi sensors and other devices.
  • Website
    http://www.gainspan.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $18,000,000
  • Transaction Round
    Series C
  • Proceeds Purposes
    GainSpan will use the new funds to further development of its next-generation ultra-low power Wi-Fi chip to support growth and maintain its technology leadership.
  • M&A Terms
  • Venture Investor
    Hatteras Venture Partners
  • Venture Investor
    Opus Capital
  • Venture Investor
    In-Q-Tel (IQT)
  • Venture Investor
    Intel Capital
  • Venture Investor
    New Venture Partners
  • Venture Investor
    Sigma Partners
  • Venture Investor
    Camp Ventures