VC: Soma Networks snares another $35M



Wireless "last mile" solution provider Soma Networks led this week's funding news, securing another $35 million in funding, while fraud prevention developer Azure Solutions raised $15 million.

VENTURE CAPITAL

COMPANY

AMOUNT/ROUND

LEAD INVESTORS

DESCRIPTION

Soma Networks
Singapore, San Francisco

$35M
second round

Temasek Holdings, Morgan Stanley Venture Partners

The wireless "last mile" solution provider reports that the financing has been earmarked for global expansion.

Azure Solutions
London

$15M
second round

Doughty Hanson Technology Ventures

Azure will further develop its next-gen telecom revenue-assurance portfolio and accelerate geographic expansion across the Americas and Asia-Pacific.

Meru Networks
Sunnyvale, CA

$12M
third round

BlueStream Ventures, Clearstone Venture

The funding will be used to continue scaling Meru's sales force to address its key market opportunities for VoIP and WLANs.

Kayote Networks
Tel Aviv

$2M
second round

Undisclosed

Kayote plans to use the funds to continue researching tools to combat the emerging challenge of Spam over Internet Telephony (SPIT).

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