Ahead of deployment, Brilliant Telecom adds to its round
Sometimes a funding is all about timing. In Brilliant Telecommunications‘ case, everything it does is about timing. The Campbell, Calif.-based company makes timing devices for the telecom industry.
Gearing up for its deployment of wireless products with a European carrier, the company has added $4.9 million to its second round of funding, according to VentureWire.
This new money, led by previous investor NovAtel, brings its second round total up to $11 million. Asset Management, Draper Associates, Draper Richards, Intellect Capital Ventures and Onset Ventures also participated.
The company previously raised a $7.1 million first round last year.
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About the Author, MG Siegler
MG Siegler writes about technology trends and new media for VentureBeat, with a focus on mobile topics, social elements and key news stories. Before that, MG wrote about technology on his blog, ParisLemon. Originally from Ohio, MG attended the University of Michigan where he studied film. He's previously lived in Los Angeles where he worked in Hollywood and in San Diego where he did web development. He now lives in San Francisco.