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Apple co-founder enters wireless space with mysterious “wOz”

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Apple co-founder enters wireless space with mysterious “wOz”

LOS GATOS, Calif.—Steve Wozniak, co-founder of Apple Computer and a longtime leader in the computer industry, announced he is jumping into wireless with a new company called Wheels of Zeus.

While details of the company’s plans remain vague, it will be supported by $6 million in first-round funding from Mobius Venture Capital, Draper Fisher Jurvetson and Palo Alto Investors.

“wOz is designing new consumer electronics wireless products that will have universal appeal among consumers and corporations alike,” said Steve Wozniak in a statement. “Recent advances in global positioning software systems and antenna technology coupled with the declining cost of processing power and two-way networking make the possibilities for new devices and services really exciting.”

Greg Galanos, Mobius’ managing director, will join Wozniak on the board of directors for Wheels of Zeus. Mobius also has an investment in Danger, which plans to soon introduce its consumer-focused mobile phone/personal digital assistant device. Wozniak recently joined Danger’s board of directors.

In its release, Wheels of Zeus lists its Web site as www.woz.com. The site offers detailed information on Wozniak—”If you’re looking for information on Steve “The Woz” Wozniak (he prefers to be called “Woz”), you’ve struck a gold mine!” it declares—but has no further information on Wheels of Zeus.

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