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Ozmo Devices

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Wi-fi compatible communication technologies that deliver cost-effective wpan connectivity for battery-operated devices

Palo Alto, United StatesFounded 2004Energy
Valuation $50–100M Last recorded · 2010
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Ozmo Devices and the history behind them.

About Ozmo Devices

Ozmo Devices, originally established as H-Stream Wireless in 2004 by founders Katelijn Vleugels and Roel Peeters, carved a niche in the semiconductor industry by focusing on power-efficient wireless connectivity. The company was a key developer of silicon and software solutions for Wi-Fi Personal Area Networks (WPANs), specifically targeting battery-operated consumer electronics. Its business model centered on designing and selling highly integrated, ultra-low power silicon solutions to original device manufacturers (ODMs) and consumer electronics companies.

The firm's core product was its OZMO2000 chip, a solution engineered to enable Wi-Fi Direct connectivity for peripherals like wireless mice, keyboards, and remote controls. This technology allowed devices to connect directly to Wi-Fi-enabled platforms, such as notebooks running Windows 7, without the need for a separate dongle or access point, a significant advantage over existing connectivity options like Bluetooth. The key benefit was overcoming the traditional trade-offs between battery life, cost, and compatibility that had previously limited the use of Wi-Fi in human interface devices (HID). The technology was designed to be compatible with the then-emerging Wi-Fi Direct standard, positioning the company at the forefront of this new connectivity wave.

The company's focus on ultra-low power solutions was a critical differentiator, enabling long battery life in small form-factor devices, a crucial requirement for its target market. Ozmo Devices was one of the founding companies of the Wi-Fi Peer-to-Peer Technical Specification, which became the basis for Wi-Fi Direct. Supported by substantial venture capital funding from firms including Intel Capital, Granite Ventures, and Atlantic Bridge, Ozmo Devices successfully raised a total of $36.8M over several rounds. In a strategic move to bolster its portfolio for the burgeoning Internet of Things (IoT) market, Atmel Corporation acquired Ozmo Devices in December 2012. This acquisition integrated Ozmo's Wi-Fi Direct technology into Atmel's broader suite of microcontroller and wireless products, which were later subsumed by Microchip Technology's acquisition of Atmel in 2016.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2004
Headquarters
Palo Alto, United States
Employees
2
Open positions
None listed
Dealroom signal
55.8/100
Industry
Energy, Semiconductors
Sector
Energy, Consumer Electronics, Battery, Hard Tech, DT and LS, science-based
Technology
Hardware, Deep Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Dec 2012 $0 — Atmel Corporation —
DEBTDebt Apr 2012 $6M — Atlantic Bridge · Granite Ventures —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Ozmo Devices website traffic

Latest recorded traffic for Ozmo Devices is 110 monthly website visits, down 38.9% over the last three months. Ozmo Devices's team declined 33.3% over the past year.

Latest monthly visits110 3-month web change-38.9% 1-year team growth-33.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A3 investors entered at this stage

Series B and later1 investor entered at this stage

  • Atlantic Bridge

Other known investors1 additional known investor

  • Atmel Corporation
Team profiled 9 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
🇺🇸 United States · Palo Alto HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Ozmo Devices on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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