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AWS Invests in Qualcomm-Backed Semiconductor Startup

Amazon Web Services, Avery Dennison among investors in startup
The Israel-based company to consider U.S. IPO once it matures

High-tech Sensor And Semiconductor Manufacture At Infineon Technologies AG Factory And Clean Rooms — Photographer: Krisztian Bocsi/Bloomberg

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By Nour Al Ali

January 14, 2019 at 10:00 AM UTC

Corrected

January 15, 2019 at 7:53 AM UTC

This article is for subscribers only.

Amazon Web Services has invested in Wiliot Inc., an Israel and San Diego-based semiconductor company that focuses on wireless technology that tracks the location of goods during manufacturing.

Wiliot has closed a $30 million Series B funding round, with investment coming from AWS, Samsung Venture Investment Corp. and Avery Dennison Corp., the company said in a statement Monday.