Ozmo takes $750K for personal Wi-Fi networks

Ozmo Devices, maker of software that generates “personal area” Wi-Fi networks around individual computers, has brought in $750,000 in debt, right and securities, reports VentureWire. In the past, the Palo Alto, Calif., company has been backed by Granite Ventures, Intel Capital and Tallwood Venture Capital — bringing in $12.5 million in 2005.

The company emerged from stealth last June to wirelessly connect mice, keyboards, headphones and game consoles. It says it can save companies money by reducing their hardware costs.

Next Story: Signet Solar applies for federal funds to fuel thin-film strategy
Previous Story: DEMO-VentureBeat heads to Boston — goodbye Santa Monica!

Bookmark and Share
Photo of Camille Ricketts

About the Author, Camille Ricketts

Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.

With GreenBeat 2009, VentureBeat's all-star conference on all things Smart Grid, coming up in November, Camille will be expanding coverage of this exciting space. Stay up to date by following @greenbeat2009 on Twitter or by becoming a fan of the event on Facebook here.