Sunday, July 29, 2007

BridgeWave Raises $7.8 Million for 4G/WiMAX Backhaul

BridgeWave Communications, a start-up based in Santa Clara, California, has secured $7.8 million in Series 3 financing for it broadband wireless solutions. BridgeWave supplies Gigabit capacity radio for the 60 GHz and 80 GHz bands.

The funding round includes existing investors plus the additions of SDL Ventures and Intel Capital. In related news, BridgeWave also announced that former Juniper Networks executive Peter Wexler has joined the company's board of directors.


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