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.