Sirific Gets $17M

Developer of multi-band RF transceivers for GPRS, EDGE, WCDMA & WLAN, today announced the closing of its $17M Series B financing

May 17, 2004

1 Min Read

SANTA ROSA, Calif. and WATERLOO, Ontario -- Sirific Wireless Corporation, a fabless developer of multi-standard multi-band RF transceivers for GPRS, EDGE, WCDMA & WLAN, today announced the closing of its $17 Million Series B financing. Boston-based TD Capital Ventures led the round, while the Intel Communications Fund made an initial strategic investment. Current investors, including Agilent Technologies, Celtic House, BDC Venture Capital and GrowthWorks WV Funds, also increased their investment in Sirific during this oversubscribed round.

Sirific is currently demonstrating the world's first single-chip CMOS quad-band EDGE RF transceiver for mobile handsets, laptops and PDAs to alpha customers. The Company's patented Virtual LO(TM) technology allows Sirific's EDGE transceiver to exhibit high levels of performance and integration in standard CMOS. The Direct Modulation transmit architecture allows for full EDGE and WLAN support now with a seamless path to WCDMA on a single chip. The first products will be released to production at the end of 2004.

"Sirific is the innovation leader for high-performance and low-cost RF CMOS transceivers for multiple WAN and WLAN standards," said Mike Hogan, President & CEO of Sirific Wireless. "Sirific has demonstrated a core competency for developing CMOS-based RF transceivers that allow for rapid deployment in multiple RF bands and emerging protocols, delivering full reference design solutions that meet our customers' requirements and price targets."

Sirific Wireless Corp.

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