BridgeWave raises $7.8M for gigabit ethernet wireless
BridgeWave Communications, a Santa Clara, Calif. provider of gigabit wireless products for big companies and WiMAX networks, has raised $7.8 million a third round of funding.
The funding round includes existing investors plus the additions of SDL Ventures and Intel Capital.
The company’s release is here.
Here’s a snippet:
BridgeWave’s 60 GHz and 80 GHz links, which offer 10 times the bandwidth of comparably priced 100Mbps Ethernet wireless solutions, have been implemented by Fortune 500 companies; major healthcare providers; multiple city, state and federal government agencies as well as a growing number of wireless and fixed-line network operators.
“The availability of high-capacity wireless backhaul is a strategic enabler for the large-scale deployment of 4G/WiMAX access networks,” says David Flanagan, director of mobile communications for Intel Capital. “BridgeWave’s gigabit wireless products are well-positioned to address these emerging infrastructure bandwidth requirements.”
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Tags: co:BridgeWave-Communications, deal, inv:Intel-Capital, inv:SDL-Ventures
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