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 :

1. Equatys wants 2,800 new satellites
2. FCC eyes freeing up Weird Space Stuff spectrum
3. SES happy with releasing 160MHz of spectrum for 5G
4. Inmarsat “likely to win appeal” over Ligado/AST action
5. FCC seeks fair play over foreign satellite access
6. Bank raises RocketLab target price
7. Paramount throws kitchen sink
8. Ukraine wants its own LEO system
9. SpaceX outlines Starlink cellular delivery plan

Categories: Articles, Business, Funding