TZero Gets Funding

SUNNYVALE, Calif. -- Tzero Technologies, the leading innovator in ultra wideband (UWB) wireless technology, today announced that Miven Venture Partners has made a strategic investment in the company. This investment, which is an extension of the Tzero’s Series B private equity funding round, is the ninth strategic investment by Miven, and will be used to expand business opportunities and bring new products to market. The company also announced that Victor Tsao, the founding general partner of Miven Venture Partners, Linksys co-founder and senior vice president of Cisco Systems, will act as an advisor to the company. Miven Venture Partners joins existing investors in Tzero including August Capital, Lightspeed Venture Partners, OVP, USVP and VentureTech Alliance.

”Consumer electronics manufacturers want UWB because it provides the bandwidth necessary for wireless distribution of high-definition video; service providers want UWB as a critical component in their IPTV and video on demand solutions; and consumers need UWB because it eliminates the need to run expensive and cumbersome cables to their beautiful flat panel TVs,” said Victor Tsao, founding general partner of Miven Venture Partners.

“Ultra wideband is the future of wireless communications and only Tzero has a market-ready solution,” said Jawad Ansari, founding general partner of Miven Venture Partners.

TZero Technologies