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.






Soma Networks
Singapore, San Francisco

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

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

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

second round


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

Sponsored by ADI

What if we were always connected? With the help of our advanced wireless technology, even people in the most remote places could always be in touch.

What if there were no ocean, desert, mountain or event that could ever keep us from telling our stories, sharing discoveries or asking for help? ADI’s next-gen communications technology could keep all of us connected.

Suggested Articles

Is there a better mousetrap in terms of macrocell deployment? Facebook Connectivity thinks so.

Nokia said joint research with Telefónica confirms that 5G networks are up to 90% more energy efficient than 4G.

The Senate Commerce Committee voted 14-12 along party lines to move forward on President Trump’s nomination of Nathan Simington to the FCC.