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Nitero

Description

Developer of phased-array beam-forming millimeter wave chip designed to address the challenges facing wireless VR and AR. The company's WirelessVR technology ,built using high-performance 60 GHz wireless, has the potential to enable multi-gigabit transmit performance with low latency in room-scale VR environments and its beamforming characteristics solve the requirement for line-of-sight associated with traditional high-frequency mm-wave systems, potentially eliminating wired VR headsets, enabling users to become more easily immersed in virtual and augmented worlds.

2009

Founded

M&A

Status

51-200

Employees

M&A

Latest Deal Type

$5.1M

Total Amount Raised

Description

Developer of phased-array beam-forming millimeter wave chip designed to address the challenges facing wireless VR and AR. The company's WirelessVR technology ,built using high-performance 60 GHz wireless, has the potential to enable multi-gigabit transmit performance with low latency in room-scale VR environments and its beamforming characteristics solve the requirement for line-of-sight associated with traditional high-frequency mm-wave systems, potentially eliminating wired VR headsets, enabling users to become more easily immersed in virtual and augmented worlds.

Website:

www.nitero.com

Ownership Status

Acquired/Merged

Financing Status

Formerly VC-Backed

Primary Industry

Application Specific Semiconductors

Other Industries

Wireless Communications Equipment

Primary Office

327 Congress Avenue Suite 490 Austin, TX 78701United States
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Nitero Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Nitero Cap Table

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LiquidationLiquidation
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Nitero Executive Team (2)

NameTitleBoard
Seat
Contact
Info
Patrick KellyChief Executive Officer & Co-Founder
Sven MeseckeVice President & Co-Founder
Patrick Kelly Chief Executive Officer & Co-Founder
Sven Mesecke Vice President & Co-Founder
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