VC: Clearwire gets a whopping $900 million



Clearwire gets a whopping $900 million; MobiTV scores $70 million

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Clearwire
Kirkland, WA

$900M
N/A

Intel Capital

Clearwire will use the funds to roll out nationwide a mobile WiMAX network based on the 802.16e-2005 standard. Intel Capital's $600-million investment is its largest ever.

MobiTV
Emeryville, CA

$70M
third

Oak Investment Partners

The wireless video provider said it will use the capital to expand its offerings internationally and across platforms.

PulseWave
Austin, TX

$30M
third

Oak Investment Partners

PulseWave said it plans to use the funding to commercialize its Class M Power amplifier module, which is a power-amplifier architecture for wireless base stations.

SkyPilot Networks
Santa Clara, CA

$21M
N/A

August Capital

Primary use of the funds will be to continue to expand sales, marketing, engineering and customer-service efforts for its growing customer base in the muni-WiFi space.

IMImobile
India

$10M
N/A

Pequot Ventures

IMImobile plans to use the funds to bolster its position in India as well as to expand its support for its global customer base.

Cellfire
San Jose, CA

$10M
second

Menlo Ventures

Cellfire will use the financing to drive continued growth in the mobile marketing arena for its mobile coupon service.

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