Dutch Firm Raises $19M for Wireless Technology
alarmClock Oct 30 09GreenPeak Technologies, a Dutch developer of ultra low power wireless and battery-free data communication technologies, has raised $19M (€13M) in Series B funding. GIMV and Robert Bosch Venture Capital co-led the round, and were joined by return backers DFJ Esprit, Motorola Ventures and Allegro Investment Fund. Bosch covers many fields in home, building and industrial applications and recognizes the potential of wireless sense and control networks in these fields. GreenPeak impressed Bosch with their clear market vision as an innovator in the wireless and battery-free sense and control networks. Full story...
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