Aliso Viejo-based WiSilica, a developer of Bluetooth Low Energy (BLE) hardware and software, has raised $3.35M in a Series A funding, according to the company. The round was led by FirstFloor Capital, with Anchor Asia Management, and Aurotek, as also several of the company’s original angel investors. WiSilica said it will use the funding to expand its product team, which currently includes 50 people in Southern California and in the western coastal state of Kerala, India, reports socaltech.com.
“We founded WiSilica two years ago with the goal of solving the complexity with the Internet of Things,” said Suresh Singamsetty, founder and CEO of WiSilica. “We now have a flexible and secure platform, where customers can use technologies such as Bluetooth Low Energy, machine learning and geolocation with more precision than ever before, which presents huge efficiency opportunities for businesses. We have a rapidly growing design pipeline encompassing a wide variety of exciting IoT applications, all based on our smart environment IoT platform that can easily connect with the existing smartphone ecosystem and our mesh networking technology.”