Xconomy San Diego

Rayspan Obtains $12,500,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=48d60b8a-851f-4672-b6ce-f8666b8bf3bc&Preview=1
Date
7/27/2009
Company Name
Rayspan
Mailing Address
11975 El Camino Real San Diego, CA 92130-2543
Company Description
Rayspan Corporation is the world’s leading innovator of revolutionary metamaterial air interface solutions for high performance wireless communication networks. Metamaterials are emerging as the most important advance in air interface technology in decades. They exhibit electromagnetic properties not found in natural media that enable breakthrough improvements in communication system performance.
Website
http://www.rayspan.com/
Transaction Type
Venture Equity
Transaction Amount
$12,500,000
Transaction Round
Series B
Proceeds Purposes
Proceeds purposes were not disclosed.
M&A Terms
Venture Investor
Sequoia Capital
Venture Investor
Khosla Ventures