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Artimi snares $14M in funding

BURLINGAME, Calif.-Artimi Inc., which develops ultra wideband integrated circuits that enable high bandwidth wireless connectivity, announced it has closed on a $14 million Series A funding round.

“Artimi has made tremendous technical and commercial progress to date,” said Richard Dellabarca, the company’s co-founder and chief financial officer. “The Series A investment will enable us to deliver new UWB technology to our customers, enabling them to deliver products to market ahead of the competition.”

Index Ventures, Accel Partners and Amadeus Capital Partners Ltd. co-led the round, with Oak Investment Partners also participating.

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