NemeriX raises $22,000,000

NemeriX, a leading A-GPS solution provider based near Lugano, Switzerland, closed a $22m (CHF 27m) financing round   Founded in April 2002, NemeriX S.A. (Manno, Switzerland) is a venture-backed fabless semiconductor company specializing in ultra low power GPS and LBS integrated circuits, software and firmware for GPS and wireless applications. NemeriX’s devices enable battery powered location determination anywhere, anytime, facilitating the design and manufacture of truly differentiated products for both consumer and professional markets.