Wavesat Receives $11,700,000 New Funding Round

  • Feed Type
  • Date
    2/3/2009
  • Company Name
    Wavesat
  • Mailing Address
    1710 South Amphlett Blvd San Mateo, CA 94402
  • Company Description
    Wavesat is a global leader in mobile broadband, providing advanced semiconductor solutions to the world’s leading carrier and mobile device manufacturers to deploy future-proof broadband services and products. With award winning technology and the industry’s first WiMAX Forum Certified™ CPE design; Wavesat delivers silicon that enables customers to deploy multiple broadband wireless technologies such as WiMAX Wave2, WiFi, and XG-PHS today and to migrate seamlessly to future 4G technologies such as LTE.

    Wavesat’s technology leadership resides in an intelligent, multimode 4G architecture and cost effective platforms that combine software and reference designs with superior technical support to provide highly integrated, power efficient broadband solutions. Mobile device manufacturers can maximize investment, reduce development time and risk and accelerate time-to-market with Wavesat’s industry-leading performance, integration, size and power management.

    As a key player in the br

  • Website
    http://www.wavesat.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $11,700,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds will be used to further strengthen the Company’s leadership position in the 4G Broadband market.
  • M&A Terms
  • Venture Investor
    BDC Venture Capital
  • Venture Investor
    Undisclosed

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