Veebeam raises $6m
October 12, 2010
Veebeam has raised the first of a two-tranche, $6 million second funding round from Amadeus Capital Partners, Intel, Capital and Oak Investment Partners, Bay Partners, Formative Ventures, Khosla Ventures and Vision Capital.
Veebeam’s $99/£99 system sends images from a computer, through a USB dongle, wirelessly to a receiver plugged in to the back of a TV. Veebeam is the result of a merger between two ultra wide band communications companies back in 2008 – San Diego-based Staccato Communications and Cambridge, England-based Artimi.
Other posts by :
- Report: LEO build-out accelerates
- Analysis: Impact of AT&T on US telcos and cable
- Bezos rocket production boosted
- Musk delays Moon landing until 2027
- Hughes Satellite facing cash crunch
- Major banks support AST SpaceMobile
- Fitch downgrades DirecTV debt
- Some new US Starlink subs face $1,000 start-up fee
