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WLAN chip startup Bermai raised an additional $12 million in Series B funding in 2003, bringing its reported cumulative funding to approximately $34 million. The round backed a company developing single-package CMOS radios for wireless LAN standards including 802.11a and 802.11g.
How much funding did Bermai raise?
EDN reported on June 26, 2003, that Bermai had secured an additional $12 million in Series B financing. The report put the company’s total funding to date at approximately $34 million. Those figures describe the round and cumulative amount as reported at that time, not Bermai’s eventual total funding.
EDN’s June 26, 2003 report is the contemporaneous source for the financing figures.
Who invested in Bermai’s Series B?
The named participants were Advanced Technology Ventures, Blueprint Ventures, Mobius Venture Capital, and STIC Ventures, which was backed by LG Electronics. EDN did not identify individual investors or provide a breakdown of how much each participant contributed.
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- DUAL-BAND WIFI 6 ROUTER: Wi-Fi 6(802.11ax) technology achieves faster speeds, greater capacity and reduced network congestion compared to the previous gen. All WiFi routers require a separate modem. Dual-Band WiFi routers do not support the 6 GHz band.
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What was Bermai building?
Founded in 2001, Bermai pursued all-CMOS wireless LAN radios that combined radio-frequency (RF), baseband, and media access control (MAC) functions in a single package. The intended integration brought core radio and networking functions together rather than treating them as separate components.
The company sampled its first product for 802.11a applications in May 2002. Its development roadmap also included chips for 802.11g, combined 802.11a/g designs, and 802.11a/e. Sampling indicates that product samples were available; the report does not establish that the chips entered volume production or broad commercial deployment.
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- Dual band router upgrades to 1200 Mbps high speed internet (300mbps for 2.4GHz plus 900Mbps for 5GHz), reducing buffering and ideal for 4K stream
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What happened after the funding round?
The June 2003 financing report documents Bermai’s funding and product plans, but does not establish what ultimately happened to the company, its products, or the roadmap. The funding therefore shows that Bermai raised capital to pursue the WLAN-chip market, not that its designs later reached commercial success.
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