Staccato Adds $17.5 Million

Staccato Communications Inc., a San Diego-based developer of ultrawideband and wireless USB communications components, has raised $17.5 million in new VC funding. Return backers include Allegis Capital, Bay Partners, Charles River Ventures, Formative Ventures, Interwest Partners, and Vision Capital. Staccato has raised around $94 million in total VC funding since 2003.