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Aperto Networks raises $19 million in follow-on Series E Financing

06 марта 2007
Aperto Networks, builder of the world's most advanced WiMAX base stations and subscriber units, had completed a follow-on Series E financing round of $19 million, bringing the company's total capitalization to $139 million.

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.

"We are grateful for the confidence that Aperto's investors continue to have in Aperto Networks," said Mike Pratt, president and CEO of Aperto Networks. "We intend to use these funds to enhance and expand our WiMAX products and to accelerate their deployment on a global basis."



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