- Zeevo was founded in 1999 with a vision of creating low-cost wireless chips using CMOS technology. Their first product was a single-chip Bluetooth solution. - They raised $85 million over 5 rounds of funding but struggled with high burn rates, an underperforming product market, and increased competition. - In 2005, Zeevo was acquired by Broadcom for $32 million to exit the market as the company faced potential layoffs and difficulty achieving profitability.