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.
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VENTURE CAPITAL |
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|
COMPANY |
AMOUNT/ROUND |
LEAD INVESTORS |
DESCRIPTION |
|
Soma Networks
|
$35M
|
Temasek Holdings, Morgan Stanley Venture Partners |
The wireless "last mile" solution provider reports that the financing has been earmarked for global expansion. |
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Azure Solutions
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$15M
|
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
|
$12M
|
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
|
$2M
|
Undisclosed |
Kayote plans to use the funds to continue researching tools to combat the emerging challenge of Spam over Internet Telephony (SPIT). |