Wilocity

Company Overview

Snapshot

Founded in January 2007 by Tal Tamir and Dany Rettig, Wilocity operated with 51–200 employees. The company raised $55 million across 5 funding rounds from 10 investors. Wilocity was acquired by Qualcomm in July 2014.

Business overview

Wilocity developed 60 GHz multi-gigabit wireless chipsets based on the WiGig standard. These chipsets were designed for the mobile computing, consumer electronics, and peripheral markets, offering data rates up to 7 Gbps. The technology aimed to eliminate the need for cords in high-speed connectivity and data transfer, enabling applications such as wireless docking, high-speed synchronization, and low-latency HD display. Wilocity operated within the Industrial Technologies sector, focusing on semiconductors, connectivity, and wireless communication.

Strategic signal

In July 2014, Wilocity was acquired by Qualcomm. This acquisition signaled a strategic move by Qualcomm to integrate Wilocity's WiGig 60 GHz wireless technology, enhancing its capabilities in high-speed wireless connectivity and positioning it to capitalize on the growing demand for faster wireless solutions in mobile and consumer electronics markets.

Company Intelligence Q&A

When was Wilocity acquired and by whom?

Wilocity was acquired by Qualcomm in July 2014.

What was the primary focus of Wilocity's technology?

Wilocity focused on developing 60 GHz multi-gigabit wireless chipsets based on the WiGig standard, designed to provide high-speed, cord-free connectivity for mobile computing, consumer electronics, and peripheral markets.

Which investors participated in Wilocity's October 2013 funding round?

In October 2013, Wilocity received funding from investors including lead investor Vintage Investment Partners.

Which investors participated in Wilocity's June 2008 Seed round?

In June 2008, Wilocity secured Seed funding from investors including lead investor Qualcomm Ventures.

Who were the founders of Wilocity?

Wilocity was founded by Tal Tamir and Dany Rettig.