Sand 9, a start-up based in Cambridge, Mass., announced that Ericsson has invested $3 million in the company.
Sand 9’s MEMS timing-device uses piezoelectric actuation to achieve stringent phase noise and short-term stability requirements for wireless and wired applications.
- In June, Sand 9 raised a total of $23 million in its Series C financing. This funding round was led by Intel Capital with significant participation from Vulcan Capital. Intel Capital and Vulcan Capital join existing investors Commonwealth Capital Ventures, Flybridge Capital Partners, General Catalyst Partners, Khosla Ventures and CSR.