Wednesday, June 25, 2008

Bridgewave Raises $10M

Santa Clara-based BridgeWave Communications said today that it has raised $10M, in a Series 4 funding round. The round was led by Intel Capital and Core Capital, and also included the firm's prior venture capital backers. BridgeWave said the funding will go towards extending the firm's position into the gigabit mobile backhaul space. BRidgeWave Communications develops gigabit wireless hardware for the networking market. Pascal Luck of Core Capital will join the firm's board of directors along with the funding. More information »