DecaWave, a Dublin, Ireland-based fabless semiconductor company, has raised €6m in funding.
Backers include private investors in the US and Europe.
The company has also announced ex-Intel VP Jim O’Hara as Chairman of the company. O’Hara is former Vice President of Intel Corporation and General Manager of Intel Ireland, where he was responsible for Intel’s technology and manufacturing group in Ireland. He is also a Board member of Enterprise Ireland, and is on the board of a number of Irish public companies.
Co-founded by company President and CTO Michael McLaughlin and CEO Ciaran Connell, DecaWave specializes in ultra wideband (UWB) technology for Real Time Location Systems (RTLS) and Wireless Sensor Networks (WSN). The company’s flagship product is ScenSor, a complete, single chip CMOS ultra-wideband IC based on the IEEE 802.15.4a standard with applications in areas as diverse as manufacturing, healthcare, lighting, security, transport, inventory & supply chain management.
The company, which was formerly of Motorola and Freescale Semiconductor, employs 25 in Dublin, Ireland, and operates offices in San Jose California, Seoul South Korea, and Toulouse France.
FinSMEs
28/03/2012