Tuesday, March 28, 2006

CommsDesign - WiQuest secures $18 million in second-round funds

"Other participants in this second round included Menlo Ventures, Palomar Ventures, and ID Ventures America. Sequoia partner Mark Stevens will become a member of the WiQuest board.
WiQuest product marketing manager Pam Johnson said that the company was able to move into product design wins for the first generation of Certified Wireless USB chip sets, the WQST110/101, using only the first round of funding, so 'Series B represents a chance to expand marketing and to move to new product development.'"

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