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Wirama Raises $1M

Wirama, developer of RFID reader technology, raises $1M Series A funding

March 7, 2007

1 Min Read

SAN FRANCISCO -- Wirama, Inc. announced today that the company has closed a $1.0 million Series A round of financing from a prestigious group of experienced technologists. The investing group is led by Silicon Valley veterans, Dr. Steven McCanne and Jerry M. Kennelly. Mr. Kennelly will take a seat on Wirama’s Board of Directors.

Dr. Kannan Ramchandran, a co-founder of Wirama, and a pioneer in wireless infrastructures, explained that the main barrier to widespread RFID adoption is the inability of today’s antenna and reader technology to deliver the required reliability and range at a low cost. “Despite high profile mandates from both government and large enterprise customers, the adoption of RFID has been slow. Wirama’s products provide a robust solution that is simultaneously accurate and cost effective.”

Wirama Inc.

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