Tuesday, February 17, 2009

Exalt Communicatons Beams In $15M

Campbell-based Exalt Communications, a developer of wireless backhaul equipment, disclosed this morning that the firm has raised $15M in a Series C funding round. According to Exalt, the new round was led by Interwest Partners, and also included Velocity Interactive Group and Trinity Ventures. The firm said the new funding will go towards international growth and to expand marketing and sales. Exalt develops microwave radio systems used to connect telecom networks and others. More information »