etherWhere Corporation Raises New $16.3M Round
2024年7月26日 - 12:43AM
etherWhere Corporation, the low power leader in GNSS technology,
today announced a new round of funding led by Cambium Capital,
Walden International and a US based strategic investor. New funds
will be utilized for the development of next generation of low
power products, expansion of engineering talent and customer
support.
“The etherWhere team continues to innovate and revolutionize how
lower power silicon is utilized in demanding and unique
applications,” said Michael Raam, CEO of etherWhere. “Customer
demand is enabling us to progressively tackle opportunities and
grow beyond initial projections. etherWhere differentiates itself
by customizing the solution to difficult applications where legacy
technologies are not adequate.”
etherWhere has reinvented GPS / GNSS by applying its patented
AccuWhere™ Cloud technology to complement its silicon offering
in challenging use cases. The AccuWhere™ Cloud has proven
remarkably effective in reducing power consumption for battery
operated devices and increasing sensitivity.
“The broad deployment of communication satellites is enabling
the precise tracking of billions of connected devices facilitating
the creation of new products and services,” said Bill
Leszinske, General Partner at Cambium Capital. “etherWhere's core
GPS/GNSS technology combined with their AccuWhere cloud and
multi-antenna ArrayNav anti-jamming technologies are enabling a new
class of secure, low-power devices.”
About etherWhere CorporationetherWhere offers low power
geolocation solutions with many patented technologies for a variety
of applications including wearables, asset and livestock tracking,
avionics and automotive. etherWhere is headquartered in Milpitas,
California with several global satellite offices. For more
information, please visit us at www.etherwhere.com.
ContactJimmé
Peters503.816.0500jimme@24-7consulting.com