CIA Invests In ZigBee Chip Maker

Ember Corp. announced a strategic investment and development agreement with In-Q-Tel, a private venture group established by the U.S. Central Intelligence Agency (CIA).

October 20, 2005

1 Min Read
Network Computing logo

SAN JOSE, Calif. — Ember Corp. on Thursday (Oct. 20) announced a strategic investment and development agreement with In-Q-Tel, a private venture group established by the U.S. Central Intelligence Agency (CIA).

Ember (Boston), a developer of ZigBee-based wireless chips, will use the investment to develop wireless sensor, monitoring and control technology.

“Ember is the market leader with a mature platform that has been successfully deployed in a variety of applications around the world,” said Gilman Louie, president and CEO of In-Q-Tel, in a statement. “We believe their technology has great potential to improve the security and efficiency of government and defense operations.”

To date, Ember has secured approximately $53 million in financing. Investors include Polaris Venture Partners,GrandBanks Capital, DFJ New England, RRE Ventures, DFJ ePlanet, Stata Venture Partners, Vulcan Capital, WestAM, CTTV Investments LLC, and Hitachi.

SUBSCRIBE TO OUR NEWSLETTER
Stay informed! Sign up to get expert advice and insight delivered direct to your inbox

You May Also Like


More Insights