Israeli semiconductor manufacturer Wiliot has completed with $30 million in Series B financing round.
The round was spearheaded by Amazon Web Services (AWS), investment arm of Amazon, Samsung Venture Investment, and Avery Dennison, with participation from Norwest Venture Partners, 83North, Grove Venture Partners, Qualcomm Ventures.
To date, Wiliot has bagged $50 million in financing round.
With the net capital raised, Wiliot will develop miniature chips for battery-free Bluetooth technology to use in internet-of-things applications.