Product category:
Stand-Alone Instruments
News Release from: LitePoint Corp
Edited by the Electronicstalk Editorial
Team on 30 March 2007
Wireless test expertise attracts funding
LitePoint Corp has completed a round of private equity funding from Sequoia Capital.
LitePoint Corp has completed a round of private equity funding from Sequoia Capital LitePoint, founded by semiconductor and wireless veterans, is attuned to the design process, systems development, and manufacturing needs of wireless chipset vendors (such as Atheros, Beceem and TI), OEMs (such as Gemtek, Rafi and Sercom), and consumer electronics systems makers (such as AVM and Netgear)
This article was originally published on Electronicstalk on 5 Aug 2005 at 8.00am (UK)
Related stories
Bluetooth test software covers enhanced datarate
The new LitePoint Bluetooth Software Package supports the latest Bluetooth version 2.0 with enhanced datarate (EDR) wireless standard.
Test software is optimised for TI chipsets
LitePoint Corp has released new IQfact turnkey production test software for Wi-Fi chipsets based on TI's TNETW1350A and TNETW1450 WLAN system solutions.
It accelerates the success of the global consumer electronics industry by providing innovative test solutions to the entire wireless communications industry value chain that shorten time to production, enhance customer support and increase control of brand quality and costs.
LitePoint industry-leading products include: IQmax - the first one-box WiMAX tester system for R and D and manufacturing; IQview and IQflex - the first integrated Wi-Fi testers for labs and factories; IQnxn - the first tester to support up to 4x4 MIMO wireless testing; LitePoint Bluetooth - the first test solution for Bluetooth 2.0+EDR/Wi-Fi combo device testing; and IQfact software - a family of test programs supporting specific wireless chipsets for design verification (DVT) and fast manufacturing testing.
"We invest in companies playing in large and growing addressable markets, with great teams, clear differentiation and unique competencies", says Mike Goguen, Sequoia Capital Partner.
Further reading
Bluetooth software tests out Broadcom chips
LitePoint has added manufacturing test program support for Bluetooth ICs from Broadcom Corp to its the LitePoint Bluetooth software package.
Test programs take in design verification
LitePoint Corp has announced design verification test functionally for its IQfact test program family.
"LitePoint is at the top of the class in every regard important to us with a unique business model, large and fast growing markets, world-class technology, a superb customer base, and an inspired and driven team of people".
"While they have doubled in size year over year, we believe they have only scratched the surface of their potential".
"We have long experience with fast growing companies and will be a strong partner with them during this new high-growth phase".
"When you look at Sequoia Capital's track record, it is second to none", says Benny Madsen, cofounder and CEO of LitePoint.
"We only want to be associated with the best, that's how we've run our business from day one".
"We are very fortunate to work with the people of Sequoia".
"With their calibre and experience on our side, we are completely aligned on how we think about scaling a business".
"We are convinced that they will help us be the undisputed best at how we service our customers, how we treat our people, and how we reward our shareholders".
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