Vanu, Inc. Lands $32,000,000 New Funding

  • Feed Type
  • Date
    9/4/2008
  • Company Name
    Vanu, Inc.
  • Mailing Address
    One Cambridge Center Cambridge, MA 02142
  • Company Description
    Vanu® software radio is the first wireless infrastructure solution that enables individual base stations to simultaneously operate GSM, CDMA, iDEN and beyond. With wireless standards developed entirely in software instead of specialized, single-purpose hardware, the Vanu Anywave® solution accelerates time-to-market for new services while delivering unprecedented capital and operating cost-savings. Carriers can easily and economically add new wireless standards or increase system capacity via remote software downloads. Anywave software can also accommodate a full range of RF hardware configurations that deliver customized coverage for indoor, outdoor and mobile cell site requirements.
  • Website
    http://www.vanu.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $32,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    This round of funding which will largely support business development, marketing and integration currently underway in India.
  • M&A Terms
  • Venture Investor
    Charles River Ventures
  • Venture Investor
    Norwest Venture Partners

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