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Wireless

Cambridge Broadband Networks raises USD 16.5 million

Monday 6 December 2010 | 10:32 CET | News
Microwave backhaul vendor Cambridge Broadband Networks has secured a USD 16.5 million investment to fund an growth plan aimed at capitalising on worldwide demand for its next generation microwave backhaul and access products. This latest funding round was oversubscribed and in addition to participation from the existing investors - Accel Partners, Adara, Amadeus Capital Partners and TVM Capital - the company secured a significant contribution from two new investors including Samsung Ventures Europe. Samsung Ventures' investment, the first by its newly created European venture investment

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Categories: Mobile & Wireless / Mobile & Wireless
Companies: Cambridge Broadband Networks
Countries: World
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