Xconomy Seattle

NewPath Raises $10M

Eric Hal Schwartz8/17/09

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 was an intern in Xconomy's Seattle office.

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