Wiliot Raises $30 Million From Investors Including Amazon Web Services
January 14 2019 - 2:08PM
Dow Jones News
By Josh Beckerman
Semiconductor company Wiliot has raised a $30 million Series B
round from Amazon Web Services, Samsung Venture Investment Corp.
and Avery Dennison Corp. (AVY). This increased its total funding to
$50 million.
Wiliot, a developer of battery-free Bluetooth tags, said it had
a successful demonstration at the National Retail Federation's Big
Show event.
The company's technology can be used for purposes including
real-time tracking during the manufacturing process, providing
product information in stores and allowing consumers to get
instructions and reminders.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
January 14, 2019 13:53 ET (18:53 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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