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Adimos Receives $12 Million From JVP, Benchmark Capital, Gemini Israel And Genesis Campus in Series A Funding; Fast Growing Semiconductor Firm to Target Asian Market.

Publication: PR Newswire
Publication Date: 04-AUG-03
Format: Online - approximately 787 words
Delivery: Immediate Online Access

Article Excerpt
TEL AVIV, Israel and TOKYO, Aug. 4 /PRNewswire/ -- Adimos, a progressive company providing wireless multimedia connectivity solutions for consumer appliances in the home, announced today that it has successfully raised $12M in venture capital funding from JVP, Benchmark Capital, Gemini Israel Venture Funds and Genesis Campus. The Series A funding will be used to fuel the company's growth and its research and development activities.

Adimos is based in Silicon Valley with research and development facilities in Israel and a growing presence in Japan. The company is headed by CEO Sandeep Kumar, an industry veteran with 17 years of experience in operations, marketing, management and development of high tech semiconductor products. The founding team of Mr....

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