Monday, January 29, 2007

Aperto Adds $19 Million in Funding to Accelerate WiMAX Plans

Aperto Networks, a developer of WiMAX base stations and subscriber units has completed a follow-on Series E financing round of $19 million, bringing the company's total capitalization to $139 million.

Aperto, which is based in Milpitas, California, currently claims more than 200 customers in 65 countries.

The financing round, the third tranche in the series, was led by GunnAllen Venture Partners and included participation from all of the existing investors including JK&B Capital, Canaan Partners, Alliance Ventures, Innovacom, JAFCO, Labrador Ventures, and Tyco.

See also