raises

 

Matisse Raises $45 Million to Expand Sales, Marketing of Its EtherBurst Optical Switch

Matisse Networks (Booth 626) closed a $45 million Series C financing round to expand the sales, marketing and development of the EtherBurst optical switch. Merrill Lynch PCG invested $35 million in the round, which included Menlo Ventures, Monitor Ventures, Walden International and Woodside Fund. Matisse Networks now has raised total financing of $80 million. We […]

Matisse Raises $45 Million to Expand Sales, Marketing of Its EtherBurst Optical Switch

Matisse Networks (Booth 626) closed a $45 million Series C financing round to expand the sales, marketing and development of the EtherBurst optical switch. Merrill Lynch PCG invested $35 million in the round, which included Menlo Ventures, Monitor Ventures, Walden International and Woodside Fund. Matisse Networks now has raised total financing of $80 million. “We […]

kajeet Raises $36.8M

Finally, some good news in an MVNO market shaken by failures (Ampd Mobile, most recently) and dire analyst predictions. Tween-focused kajeet, launched six months ago on the Sprint Nextel network, announced today that it has secured $36.8 million in Series B venture capital funding. Draper Fisher Jurvetson Growth Fund (DFJ Growth Fund) led the financing, […]

Clearwire Raises $600M in IPO

After months of on-again, off-again IPO plans, WiMAX operator Clearwire Corp. finally opened Thursday on the Nasdaq Stock Market at the bullish price of $27.25 per share, 9 percent above the stocks issue price of $25. But CLWR slumped a bit in midday trading, paring the gains down to $25.02. It was one of the […]

Aperto Networks Raises $17 Million in First Tranche of Mezzanine Round

Aperto Networks (Booth 831), a leading WiMAX systems provider, has raised $17 million in the first tranche of a Series E financing round. The funding was led by Canaan Partners and was raised from existing investors, including JK&B Capital, Alliance Ventures, Innovacom, Tyco Ventures, Labrador Ventures and Satwik Ventures. The latest round brings the companys […]

AP: Qwest Raises Offer for MCI

Qwest Communications International Inc. on Thursday raised its offer for MCI Inc. to $8.94 billion in a bidding war with Verizon Communications Inc., the Associated Press reported. Qwest CEO Richard Notebaert set a deadline of midnight April 5 for MCIs board of directors to respond to the offer before it would be withdrawn, the Wall […]

CommPartners Raises $15M for Network Buildout, Sale Channel Development

CommPartners (Booth 109), an IP-based network operator and telephony services and solutions company, has completed a $15 million capital financing round that will let it accelerate the buildout of its nationwide IP/PSTN for VoIP services, and augment its sales channel and carrier services programs. The company plans to extend its IP/PSTN network coverage to 95 […]

sentitO Raises $28.5M

VoIP equipment company sentitO Networks (Booth 811) recently raised $28.5 million in new funding. That includes a $19 million Series C round led by Kodiak Venture Partners and a $9.5 Series D round led by Core Capital Partners. The company, which now has raised total funding of $53.5 million, will use the new money to […]

California Raises Wholesale Phone Rates

California regulators have raised the wholesale rates SBC Communications Inc. is authorized to charge rivals, inciting at least one phone company to partially cease marketing and drawing criticism that the price increases will hit the wallets of consumers and businesses. The ruling affects about 1.4 million lines San Antonio, Texas-based SBC leases to competitors and […]

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