Tzero Raises $18M in Series C Funding

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North America
Tzero Raises $18M in Series C Funding
By Sunnyvale, CA
Mar 3, 2008, 18:06

Tzero Technologies, the leader in Ultra Wideband (UWB) technology and wireless video products, today announced that it has raised $18 million in its third round of funding. The investment was led by the CID Group with full participation from Tzero's current investors: August Capital, Lightspeed Venture Partners, OVP, U.S. Venture Partners, and VentureTech Alliance.

INFO SOURCES

Tzero Technologies

FIRMS

Tzero Technologies is a fabless semiconductor provider of CMOS, high-performance Ultra Wideband chipsets. The company's wireless High Definition video distribution solutions are designed into display and A/V component products from top tier OEMs around the world. Founded in 2003, TZero is headquartered in Sunnyvale, California.

Established in 1998, the CID Group is one of the fastest growing Asia-headquartered private equity firms. The CID Group focuses its investments in Taiwan, Hong Kong, China, Korea, and United States because of its strong local knowledge and network. The CID Group has investments in over 102 companies across these regions.

E-mail: inquiries@cidgroup.com

LINKED TO

August Capital, Lightspeed Venture Partners, OVP, U.S. Venture Partners, VentureTech Alliance, Miven Venture Partners, Quilvest,

PEOPLE

David Yang, partner with the CID Group

Rajeev Krishnamoorthy, founder and CEO of Tzero

BOARD

Andy Rappaport, General Partner, August Capital

Christopher Schaepe, Founding Partner, Lightspeed Venture Partners

John Hull, General Partner, OVP Venture Partners

Irwin Federman, General Partner, US Venture Partners

Prabhat K. (PK) Dubey, Executive Chairman and Co-Founder, Force10 Networks

Rajeev Krishnamoorthy, Founder and CEO, Tzero Technologies