Nitero Secures $3,100,000 New Financing Round

  • Feed Type
  • Date
    7/5/2012
  • Company Name
    Nitero
  • Mailing Address
    1717 W 6th Street Austin, TX 78703
  • Company Description
    Nitero is a fabless semiconductor company with offices in Austin, Texas and Melbourne Australia. We are designing an ultra-low power 60 GHz 802.11ad Wi-Fi solution that performs at speeds up to 10X faster than even the very latest 802.11ac Wi-Fi solutions – all that with close to zero latency.
  • Website
    http://www.nitero.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,100,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Trailblazer Capital
  • Venture Investor
    Southern Cross Venture Partners
  • Venture Investor
    Austin Ventures