W5 Networks develops wireless systems optimized for the retail industry. W5 Networks’ products are based on a revolutionary radio architecture that provides advantages in performance, cost and power consumption. W5 Networks’ end-to-end solutions aim to dramatically impact how retailers operate their businesses.
W5 Networks’ initial product is an Electronic Shelf Label (ESL) system for supermarkets. In addition to reducing labor costs in retail stores, W5′s ESL solution provides a superior platform that can improve profitability for its customers and enable new applications that appeal to the consumer. Located in Fremont, California, W5 Networks is led by a unique team with proven expertise in the retail industry as well as wireless technologies.
Financials
| Date | Type | Amount | Investors | Valuation |
|---|---|---|---|---|
| 10/18/06 | Series B | 12M | Yooter InterActive, nick, Benchmark Capital, Catamount Ventures, Mitchell Kapor, Omidyar Network, Counselling Center | Unknown |