deals, IT, wireless
NewPath Raises $10M
Eric Hal Schwartz 8/17/09
Seattle-based wireless infrastructure company NewPath Networks announced in a press release today that it has raised a $10 million credit line with Square 1 Bank. NewPath will use the money to expand its fiber-fed distributed antenna systems in the U.S. Just a few months ago, NewPath raised $30 million from venture groups to expand the antenna systems.
Eric Hal Schwartz is an intern in Xconomy's Seattle office. He can be reached at eschwartz@xconomy.com.
