S5 Wireless, a start-up based in Draper, Utah raised $11.5 million for its next-generation wireless location technologies.
The Series B funding was led by Eagle River Holdings, Craig McCaw’s investment company, and included existing investors vSpring Capital and Wasatch Venture Fund.
S5 is building solutions for tracking and monitoring across a variety of industries, including E-911 location for VoIP services, companion animals/pets, homeland security, medical devices, shipping containers, telecommunications, tools, and others.
S5 offers an extremely low-cost and low power consumption embeddable semiconductor that enables location accuracy similar to GPS indoors/outdoors without using GPS.
http://www.s5w.com
