Kymeta Receives $12,000,000 New Financing Round

  • Feed Type
  • Date
    8/22/2012
  • Company Name
    Kymeta
  • Mailing Address
    12277 134th Court NE Redmond, WA 98052
  • Company Description
    Kymeta’s mTennaTM products will simplify the connection between mobile users and high capacity Ka-band communications satellites, allowing passengers on planes, trains, boats, automobiles and other vehicles to enjoy the same kind of broadband experience that they already have at home or in the office.
  • Website
    http://www.kymetacorp.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $12,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Intellectual Ventures (IV), the leader in the business of invention, announced today that its newest spin-out company, Kymeta, has closed a $12 million funding round to develop and bring to market IV’s Metamaterials Surface Antenna Technology (MSA-T).
  • M&A Terms
  • Venture Investor
    Lux Capital
  • Venture Investor
    Intellectual Ventures
  • Venture Investor
    Liberty Global
  • Venture Investor
    Undisclosed

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