Feeds

Low power Wi-Fi fan Ozmo loads up another $10m

Still no sign of any products

Internet Security Threat Report 2014

Having burned through its first $30m, Ozmo Devices has raised another $10m by promising to have low-powered Wi-Fi devices breeding like flies by the end of 2010.

While raising the latest $10.8m, Ozmo has added Atlantic Bridge as an investor. The company also acquired a new CEO, Bill McLean, who has chucked in some of his own cash to supplement money from existing backers. That shows a lot of confidence in a company that has already spent $30m without a creating a product or announcing any customers, not to mention entering a highly competitive and unproven market.

The premise behind Ozmo is to use Wi-Fi connectivity to link up keyboards, mice, headphones and all the other peripherals that get plugged into computers these days. Using Wi-Fi means reusing existing hardware, but it also means competing with Bluetooth and the various proprietary solutions that exist, as well as upcoming standards like Wireless USB and WiMedia.

To be fair the last two are really for high-speed connections, so Bluetooth is the primary target, and Ozmo's advantage is the reuse of existing Wi-Fi hardware.

That hardware needs to support Intel's Cliffside technology, which enables one Wi-Fi chipset to manage multiple simultaneous connections. That's part of the new Wi-Fi Direct standard for peer-to-peer connections, which Ozmo has been heavily involved with, and promises to be a standard feature of laptops later this year. Once the hardware supports Wi-Fi Direct, Ozmo will be a software upgrade and Ozmo devices will be able to attach to it - after someone licences the chips from Ozmo and builds some devices.

Ozmo says it has manufacturers lined up to make stuff, but it won't name them. When pushed, McLean pointed out that he wouldn’t have invested his own money unless he had complete confidence in the company's future.

One might argue that it's only by having a single standard (Bluetooth) that short-range wireless works at all. One might also point out the rarity of Wi-Fi devices that don't already incorporate Bluetooth, which might render the alternative pointless. But Ozmo is hearing none of it, and reckons it can turn this new round of funding right into positive cash flow - scheduled for early next year. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Same old iPad? NO. The new 'soft SIMs' are BIG NEWS
AppleSIM 'ware to allow quick switch of carriers
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Brits: Google, can you scrape 60k pages from web, pleeease
Hey, c'mon Choc Factory, it's our 'right to be forgotten'
Of COURSE Stephen Elop's to blame for Nokia woes, says author
'Google did have some unique propositions for Nokia'
It's even GRIMMER up North after MEGA SKY BROADBAND OUTAGE
By 'eck! Eccles cake production thrown into jeopardy
Mobile coverage on trains really is pants
You thought it was just *insert your provider here*, but now we have numbers
Don't mess with Texas ('cos it's getting Google Fiber and you're not)
A bit late, but company says 1Gbps Austin network almost ready to compete with AT&T
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.