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Kymeta closes USD 50 mln in Series C financing

Tuesday 9 July 2013 | 16:36 CET | News
Developer of a new field of metamaterials for satellite receivers, Kymeta has announced it has successfully closed a USD 50 million Series C financing to accelerate the company's growth plans. Existing Kymeta investors include Bill Gates, Lux Capital and Liberty Global were joined in the financing by Osage University Partners and The Kresge Foundation. In addition, the company has announced several key promotions on Kymeta's senior leadership team, including the promotion of Bob McCambridge to president and chief operating officer. Co-founder Dr. Nathan Kundtz was promoted to executive vice

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Categories: Broadcast & Satellite
Companies: Liberty Global
Countries: World
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