UWB Startup Scores Lots Of Cash

Despite the ongoing in-fighting over the UWB standard, it seems that some VCs have no problems placing bets on the space. Aleron has announced that they’ve rasied $31.5 million – described as “the largest investment yet in the industry”. That’s usually a bad sign. When something is announced as the “largest investment yet” in a space, some other VCs feel the need to come along and make sure their play has more money, so you get a quick ramp-up bubble as companies get overfunded for the sake of showing off how much funding they got – rather than focusing on raising the right amount of funds to accomplish what the company needs to accomplish.

Add Your Comment

Your email address will not be published. Required fields are marked *

Have a Techdirt Account? Sign in now. Want one? Register here

Comment Options:

Make this the or (get credits or sign in to see balance) what's this?

What's this?

Techdirt community members with Techdirt Credits can spotlight a comment as either the "First Word" or "Last Word" on a particular comment thread. Credits can be purchased at the Techdirt Insider Shop »

Follow Techdirt

Techdirt Daily Newsletter

Techdirt Deals
Techdirt Insider Discord
The latest chatter on the Techdirt Insider Discord channel...