Aperto Networks, a WiMax equipment maker, gets $20M
Aperto Networks might come across as a new startup, having been in the wireless headlines lately with WiMax product announcements. However, the company is nine years old and has taken a massive $159 million in venture funding since its inception.
It makes WiMax base stations and network equipment for purposes ranging from residential-size deployments to full scale commercial. It also makes a base station that supports both fixed and mobile WiMax at the same time.
The $20 million funding was led by Quicksilver Ventures. Also joining were previous backers Gunn Allen Venture Partners, JK&B Capital, Canaan Partners, Alliance Ventures, Innovacom, Jafco Ventures, and Labrador Ventures. Aperto is based in Milpitas, Calif.
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About the Author, Chris Morrison
Chris Morrison writes about cleantech and environmental issues for VentureBeat, with occasional forays into gaming and semantic technology. He got his start writing about tech for Business 2.0 magazine, but quickly realized new media was the ticket when that institution closed its doors in 2007. Chris has also covered public equities and regulatory issues. He originally hails from southern Virginia, graduated from Evergreen State College in Washington, and now lives in San Francisco.