Ozmo Devices Gets $7.5 Million in Funding

Ozmo Devices recently announced that they have received $7.5 million in their latest round of funding. The funding comes from current investors including Intel Capital, Granite Ventures and Tallwood Venture Capital.

Ozmo Devices provides low-power Wi-Fi PAN solutions. Their specialty is providing wireless connectivity to something like a mouse or headset to platforms that are Wi-Fi enabled.

Len Rand of Granite Ventures points to Ozmo Devices’ growing list of relationships as a sign that the company has a bright future.

Said Rand: “Ozmo Devices has gained market traction and forged key relationships with noteworthy companies including Intel, Avago Technologies, and Wolfson Microelectronics. We are pleased to continue to support the company as it scales up its operations.”

With billions of dollars being pumped into the Wi-Fi industry, a breakthrough in this field would be hugely valuable.

“Extending standardized and near-ubiquitous Wi-Fi connectivity to keyboards, mice, and other peripherals and adjunct devices simplifies overall product designs, improves reliability, and opens the door to new applications and greater convenience for both enterprise users and consumers,” said Craig Mathis of Farpoint Group — a wireless and mobile advisory firm.

Wi-Fi (Image: Flickr)