Broadband wireless startup gets backing from Cisco, Dell, Goldman Sachs

August 9, 2000

1 Min Read

SAN DIEGO -- Reaffirming its leading position in the broadband wireless access(BWA) equipment market, Ensemble Communications Inc. today announced the closing of a $60million round of financing. The next generation point-to-multipoint equipment supplier attractedseveral prominent new investors, including Cisco Systems, Inc., Dell Ventures, IVP X and TheGoldman Sachs Group, Inc. and its affiliates.

Ensemble’s existing investors— ADC Telecommunications, DMC Stratex Networks, Samsung,Crescendo Ventures, Enterprise Partners, Institutional Venture Partners, KTB Networks andTrinity Ventures—also increased their investments in the company in the round. Ensemble will usethe proceeds to accelerate its product development, sales and marketing, and customer supportactivities, and also to expand its international presence as the company prepares for commercialshipments of its Fiberless™ system in the fourth quarter of this year.

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