Monday, March 14, 2011

Altobridge Takes $12M From Intel, Others

Irish technology firm Altobridge Limited said Monday that it has raised $12M in funding from Intel Capital and IFC. According to Altobridge, the Series C round will go towards its low-cost wireless communications products. Altobridge develops wireless network equipment for serving both urban and rural areas. Intel's investment was led by Marcos Battisti, Director of Intel Capital Western Eruope and Israel. More information »