Tech Company Financing Transactions
RF Waves Funding Round
RF Waves, based in Malvern, secured $2.5 million from Sequoia Capital and Vertex Venture Capital.
Transaction Overview
Company Name
Announced On
7/2/2003
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Undisclosed
Investors
Vertex Venture Capital (Moshe Shahaf)
Proceeds Purpose
Company Information
Company Status
Acquired or Merged
Industry
Electronics
Mailing Address
63 Lancaster Avenue
Malvern, PA 19355
USA
Malvern, PA 19355
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
RFWaves Ltd. has developed a unique, patented, ultra-low power consumption, low cost Short-Range DSSS (Direct Sequence Spread Spectrum) digital transceiver, working in the 2.4GHz ISM band, capable of delivering 1Mbps and 3Mbps of raw data. The company's products address the market's fast growing need for inexpensive, fast and reliable short-range connectivity.
Management Team
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