Wednesday, February 7, 2007

Beceem Raises $40M

Santa Clara-based Beceem Communications said today that it has raised over $40M in a Series D round of funding. The round was led by Teachers' Private Capital, and included NEC Corporation, along with Global Catalyst Partners, Intel Capital, Khosla Ventures, KTB Ventures, Mitsui & Co. Technology Investment Group, DoCoMo Capital, Samsung Ventures, Sequoia Capital, and Walden International. Beceem said the funding will be used to accelerate the firm's roadmap. Beceem is developing WiMAX chipsets for the mobile market. More information »