Battery Leads $17M ZeroG Round
Wade Roush10/27/08
Waltham, MA-based Battery Ventures is the lead funder in a $17 million Series B round for ZeroG Wireless, a Sunnyvale, CA-based developing low-power Wi-Fi chips, the company announced today. Existing investors Morgenthaler Ventures, which has offices in Boston, and Greylock Partners, which has offices in Waltham, also joined the round. Though ZeroG has not announced any products, it said it would use the funds “to bring its products to market through expanded sales channels, further build out its executive team, and develop future products.”
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
