& cplSiteName &

Aperto Bags Another $20M

Ray Le Maistre
4/2/2008
50%
50%

Aperto Networks Inc. has banked a further $20 million from its investors, the WiMax equipment specialist announced Wednesday.

The Series F round takes Aperto's total funding since its 1999 formation to a whopping $159 million; its previous funding round was announced in February 2007. (See Friday Funding Roundup.)

The new cash injection was led by Saratoga, Calif.-based Quicksilver Ventures, which was joined by a number of Aperto's existing backers, including Gunn Allen Venture Partners, JK&B Capital , Canaan Partners , Alliance Ventures , Innovacom , Jafco Ventures , and Labrador Ventures

The vendor, which also hit the CTIA newswires Tuesday with support for additional frequencies, says it's now supplying its fixed and mobile WiMax products to more than 100 carrier and enterprise customers around the world, and claims to be the only vendor to have a WiMax base station that supports and operates both fixed and mobile WiMax simultaneously. (See Aperto Adds Frequencies, OTE Picks Aperto PacketMAX, and BSNL Deploys Aperto.)

Aperto's funding news is just one of a number of WiMax announcements being made at the CTIA tradeshow in Las Vegas this week, and comes as the industry continues to debate just how fast WiMax services will catch on with subscribers. (See CTIA & the Future of 4G, CTIA: Sprint's Samsung Touch, WiMax Goes Prepaid, and CTIA Photos, Part I.)

For instance, the WiMAX Forum forecasts there will be more than 133 million people using WiMax services by 2012. (See CTIA & the Future of 4G.)

But research firm Senza Fili Consulting LLC forecasts there will be about 54 million WiMax users by 2012.

Last week research firm Maravedis Inc. reported there were just 1.7 million users of broadband wireless/WiMax services globally at the end of 2007. Maravedis estimates there will be about 110 million WiMax users by the end of 2013. (See Maravedis Reports Stats.)

— Ray Le Maistre, International News Editor, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Featured Video
From The Founder
Light Reading founder Steve Saunders grills Cisco's Roland Acra on how he's bringing automation to life inside the data center.
Flash Poll
Upcoming Live Events
February 26-28, 2018, Santa Clara Convention Center, CA
March 20-22, 2018, Denver Marriott Tech Center
April 4, 2018, The Westin Dallas Downtown, Dallas
May 14-17, 2018, Austin Convention Center
All Upcoming Live Events
Infographics
SmartNICs aren't just about achieving scale. They also have a major impact in reducing CAPEX and OPEX requirements.
Hot Topics
Here's Pai in Your Eye
Alan Breznick, Cable/Video Practice Leader, Light Reading, 12/11/2017
Ericsson & Samsung to Supply Verizon With Fixed 5G Gear
Dan Jones, Mobile Editor, 12/11/2017
Verizon's New Fios TV Is No More
Mari Silbey, Senior Editor, Cable/Video, 12/12/2017
Juniper Turns Contrail Into a Platform for Multicloud
Craig Matsumoto, Editor-in-Chief, Light Reading, 12/12/2017
Cloudy With a Chance of Automation: Telecom in 2018
Iain Morris, News Editor, 12/12/2017
Animals with Phones
Don't Fall Asleep on the Job! Click Here
Live Digital Audio

Understanding the full experience of women in technology requires starting at the collegiate level (or sooner) and studying the technologies women are involved with, company cultures they're part of and personal experiences of individuals.

During this WiC radio show, we will talk with Nicole Engelbert, the director of Research & Analysis for Ovum Technology and a 23-year telecom industry veteran, about her experiences and perspectives on women in tech. Engelbert covers infrastructure, applications and industries for Ovum, but she is also involved in the research firm's higher education team and has helped colleges and universities globally leverage technology as a strategy for improving recruitment, retention and graduation performance.

She will share her unique insight into the collegiate level, where women pursuing engineering and STEM-related degrees is dwindling. Engelbert will also reveal new, original Ovum research on the topics of artificial intelligence, the Internet of Things, security and augmented reality, as well as discuss what each of those technologies might mean for women in our field. As always, we'll also leave plenty of time to answer all your questions live on the air and chat board.

Like Us on Facebook
Twitter Feed