LAS VEGAS-Ultra-Wideband chipmaker Staccato Communications announced $18 million in its third round of venture funding. Intel Capital’s Digital Home Fund and Vision Capital led the round, while the company’s existing investors Allegis Capital, Bay Partners, Charles River Ventures and Interwest Partners also participated.
Staccato also unveiled its new Ripcord family of products, which the company said would be available by the middle of this year.
“The coming era of UWB and wireless USB promises greater ease of use and simplicity for connecting PC platforms, traditional PC peripherals, mobile communications platforms and consumer electronic devices, such as digital camera and personal media players,” said Scott Darling, vice president of Intel Capital. “We look forward to our continued involvement with Staccato to bring wireless USB to market in 2006.”
The company is demonstrating the products at the Consumer Electronics Show in Las Vegas.
