Ozmo takes $750K for personal Wi-Fi networks

Venture Beat — Thu, 25 Jun 2009 19:25:07 -0400

Ozmo Devices, maker of software that generates “personal area” Wi-Fi networks around individual computers, has brought in $750,000 in debt, right and securities, reports VentureWire. In the past, the Palo Alto, Calif., company has been backed by Granite Ventures, Intel Capital and Tallwood Venture Capital — bringing in $12.5 million in 2005.

The company emerged from stealth last June to wirelessly connect mice, keyboards, headphones and game consoles. It says it can save companies money by reducing their hardware costs.