Israeli startup HyWire has secured $5 million from venture capital fund
, the Ofer brothers, and the German company
(formerly the Siemens Semiconductor Group).
HyWire develops chips and subsystems for Internet and communication infrastructure routers. The company was established in late 1999 by its CEO Moshe Stark, a former director at
HyWire's development center and offices are located in the coastal town of Netanya, Israel. The firm employs a staff of 20.