IPWireless Garners $15,500,000 Series A Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=58dcedd9-acd7-4812-af22-128ffa29fc66&Preview=1 -
Date
11/18/2009 -
Company Name
IPWireless -
Mailing Address
90 New Montgomery Street San Francisco, CA 94105 -
Company Description
The Company
IPWireless enhances the performance of global wireless standards to deliver advanced next generation mobile broadband and multimedia solutions. These end-to-end solutions are being deployed by leading mobile operators and public safety agencies to offer a range of packet-based mobile services with unmatched performance and economics. -
Website
http://www.ipwireless.com -
Transaction Type
Venture Equity -
Transaction Amount
$15,500,000 -
Transaction Round
Series A -
Proceeds Purposes
The company plans to use the capital to accelerate sales of its unique 3GPP based mobile broadband and broadcast solutions into both the government and commercial markets. -
M&A Terms
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Venture Investor
Spark Capital -
Venture Investor
Lockheed-Martin Corp.
