Tuesday, April 10, 2007

Telsima Raises $50M

Santa Clara-based Telsima has raised $50M in new funding, the firm said today. The funding came from NewPath Ventures, New Enterprise Associates, CMEA Ventures, JAFCO Asia, and other strategic investors. Telsima is developing WiMax broadband equipment, and is focused on deployment in India, and Central and Eastern Europe. The firm's equipment is used by telecom operators to deploy wireless broadband services in dense urban, suburban and rural environments. More information »