Tech Company Financing Transactions
Alereon Funding Round
Alereon, operating out of Austin, secured $31.5 million in funding from Austin Ventures, Centennial Ventures and Duchossois Technology Partners.
Transaction Overview
Company Name
Announced On
1/6/2004
Transaction Type
Venture Equity
Amount
$31,500,000
Round
Series A
Investors
Austin Ventures (Lead Investor) (Basil Horangic)
Proceeds Purpose
Alereon will use the proceeds to complete development of its UWB chipset solution, bring its product to market, secure design wins, and achieve initial revenue.
Company Information
Company Status
Private & Independent
Industry
Semiconductors
Mailing Address
10800 Pecan Park Blvd. 100
Austin, TX 78750
USA
Austin, TX 78750
USA
Phone
Website
Email Address
Overview
Alereon is a fabless semiconductor company developing innovative Ultrawideband (UWB) wireless chipsets. Our mission is to simplify networking by removing cables, allowing effortless connections between PCs, consumer electronics, peripherals and mobile devices. We want to change the way consumers connect to the world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Shoemaker
VP - Bus. Development
Gregg Mack
VP - Engineering
David Nix
VP - Operations
Isaac Poku
Browse more venture capital transactions:
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