On July 25, 2024, etherWhere Corporation, a leader in low-power Global Navigation Satellite System (GNSS) technology, announced the closing of a $16.3 million Series B extension. The round was led by Cambium Capital, Walden International, and a strategic U.S.-based investor. The new funds will be used to develop the next generation of low-power products and expand engineering talent and customer support.

Headquartered in Milpitas, California, etherWhere offers low-power geolocation solutions with many patented technologies for a variety of applications including wearables, asset and livestock tracking, avionics, and automotive.

The company has reinvented Global Positioning System (GPS)/GNSS by applying its patented AccuWhere™ Cloud technology to complement its silicon offering in challenging use cases. It has proven remarkably effective in reducing power consumption for battery-operated devices while increasing sensitivity.

Wilson Sonsini Goodrich & Rosati advised etherWhere on the transaction, with a team including:

Corporate
Mark Baudler
Mike Pestana
Ben Miller
Will Wiener

Technology Transactions
Chris Paniewski
Shivang Patel

For more information, please see etherWhere’s press release.