Cohda Wireless Pty Ltd. announced that it has raised a round of funding with new investors, Cisco Systems, Inc., and NXP Semiconductors NV on January 4, 2013. The company issued 3,792,885 at $2.53 per share convertible preference shares for gross proceeds of $9,595,999.05. Both Cisco Systems, Inc. and NXP Semiconductors NV subscribed for 1,600,000 shares each for gross proceeds of $4,048,000 and certain new and existing investors subscribed for 592,885 shares for gross proceeds of $1,500,000. The preference shares are convertible into common shares.

On January 4, 2013, Cohda Wireless Pty Ltd. closed the transaction.