Keyssa, a five-year-old stealth startup which holds a patent for “contactless secure communication” tech, today announced a $10.8 million raise in a public company filing.
A job listing describes Keyssa as a “well-funded stealth start up working on leading edge connectivity technology and products (IC’s and modules) using standard CMOS 60 GHz proprietary IP.” The listing claims Keyssa “is ready to launch products into the market this year…”
According to the filing, Keyssa — formerly WaveConnex — has raised a total of $26.4 million over the course of its lengthy, stealthy life, and may raise $21.3 million more.
Interestingly, the SEC document above names Nest chief and angel investor Tony Fadell as a company board member (and potential investor). Public information on Fadell’s involvement with Keyssa is thin, aside from a UCLA site which claims Fadell is the chairman of Keyssa’s board. Given Fadell’s involvement, Keyssa presumably plays a role in the Internet of Things trend.
The SEC filing also names Techfund Capital partner Jim Whims.
The creator of the world’s first learning thermostat, Nest Labs is focused on reducing home-energy consumption. The Nest Learning Thermostat learns about you and your home to automatically turn itself down when you're away, guide you… read more »
Stealth communications startup Keyssa adds Nest CEO Tony Fadell to board, raises $10.8M
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