There were two developments that were particularly positive
|RSS Feeds||News Alerts||Newsletter|
Pictured: Ciaran Connell, Jim O'Hara and Michael McLaughlin
Former Intel Ireland general manager Jim O’Hara has been appointed chairman of fabless semiconductor company, DecaWave.
The Dublin-headquartered company, which specialises in ultra wideband (UWB) technology for real time location systems (RTLS) and wireless sensor networks (WSN), also announced that it has raised a further funding round of €6m from private investors in the US and Europe. This brings the total invested in DecaWave to €12.4m.
O’Hara was general manager of Intel Ireland from 2002 until 2010 and was a vice president of Intel Corporation from 2003. He is a board member of Enterprise Ireland, is on the board of the UCD Michael Smurfit Graduate Business School, and is on the board of a number of Irish public companies.
“The appointment of Jim O’Hara as chairman brings unique expertise and stature to DecaWave, and we are honoured that he has agreed to chair the company, to offer us his guidance and strategic vision at this vital time for the company,” said Ciaran Connell, CEO, DecaWave.
“DecaWave is entering the final critical stage of our development before we reach full commercialisation for our ScenSor chip, and we believe Jim’s decision to join us, along with the additional €6m in funding from our investors, further validates and endorses both DecaWave’s vision and our technology.”
DecaWave was co-founded in Dublin by company president and CTO, Michael McLaughlin, who was instrumental in developing the IEEE 802.15.4a standard, and Connell, formerly of Motorola and Freescale Semiconductor. The company is privately held and employs 25 in Dublin Ireland, with offices in San Jose, Seoul and Toulouse.
DecaWave was advised on this and previous rounds of funding by Venturise.