Apple co-founder Steve Wozniack is bringing a new company, called Wheels of Zeus, to the high-tech world.
The details about what Wheels of Zeus will do exactly are still hazy, but the company cites technologies such as global-positioning systems, cheap wireless-access and processing power as being central to the company's plans for products and services.
Wozniak co-invented Apple's line of Apple I and Apple II computers with current Apple CEO Steve Jobs. The company's name will be abbreviated to wOz (a play on his nickname), he said Wednesday. Wozniak will chair wOz's board.
Wheels of Zeus is backed by $6 million in venture capital funding from Mobius Venture Capital, Draper Fisher Jurvetson, and Palo Alto Investors. Greg Galanos, managing director of Mobius, will serve on wOz's board, along with Tim Draper, the founder and managing director of the firm that bears his name.
Neither Wozniak, nor other board members, were immediately available for comment.