To @eewiz: In the good, old days of Internet bubble $30M valuation would be small...but in today's market that is not bad...having said that I don't know what their revenue is and projected earnings going forward...Kris
7.8m for 25% stake is not so great. Many web companies in series A fetches much more than that . If I am not wrong the wireless tech is the key USP of Toumaz healthcare products, which adds to the disappointment.
As far as I understand wireless technology that Toumaz has developed is much lower in power than many competing technologies (Bluetooth, ZigBee, etc)...perhaps we can get someone from Toumaz to comment? Kris
I am not sure what the niche is from Toumaz in the already crowded wireless communication IC space. The sensor network space including solutions for 802.15.6 has seen a healthy number of companies developing products.
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.