Thursday, June 26, 2008

BridgeWave Communications, the leading supplier of gigabit wireless solutions has received $10 million

What Company Is Offering:
BridgeWave Communications is the leading supplier of outdoor Gigabit wireless connectivity solutions. The company’s exclusive AdaptRate™ and AdaptPath™ technologies combined with its advanced Forward Error Correction capability deliver the highest availability at the longest distances for full-rate gigabit links. BridgeWave’s point-to-point, wireless solutions are widely deployed in mainstream enterprise and service provider network applications and are poised to play a key role in the migration to 4G mobile network backhaul. With the largest installed base of GigE radios worldwide, BridgeWave delivers the highest levels of product quality and reliability.

How Much They Got From VCs:

BridgeWave Communications, the leading supplier of gigabit wireless solutions, today announced it has received $10 million in Series 4 funding. This round was co-led by Intel Capital and a new investor, Core Capital, with participation from prior round venture capital firms Cipio Partners, SDL Ventures, and Merifin Capital.

BridgeWave will use the funding to extend the company's position in gigabit wireless enterprise and fixed operator networks into the next generation gigabit mobile backhaul space. This move will help address the data transport challenges facing 4G WiMAX and Long Term Evolution (LTE) deployments.


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