Published:2012/8/6 21:35:00 Author:Ecco From:SeekIC
Established in 2011, Nitero Inc. (Austin, Texas) is a fabless chip company with Australian roots. The company has introduced 60-GHz, multi-gigabit Wi-Fi ICs for mobile devices. Nitero indicated that Trailblazer Capital has joined Southern Cross Venture Partners and Austin Ventures in the latest round of funding. It is reported that Nitero raised $3.1 million in the latest round.
The chips developed by Nitero can run at multi-gigabit rates over distances of a few meters or less. They can be used in the applications including docking stations, computer displays and other peripheral devices.
The design teams of Nitero are in Austin and near Melbourne, Australia, having spun out of National ICT Australia (NICTA) research institute which has five locations across Australia and a long history of 60-GHz research. Nitero is set to compete with other companies in 60-GHz communications including Amimon Ltd., Tensorcom, Quantenna, Beam Networks Ltd., Blu-Wireless Technology Ltd., Peraso Technologies Inc. and Silicon Image.
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