x
Backhaul

Exalt Raises $15M

CAMPBELL, Calif. -- Exalt Communications, a leading provider of high-performance licensed and license-exempt microwave radio systems for wireless backhaul applications, announced today that it has raised $15M in Series C funding. InterWest Partners led the financing, joining existing investors Velocity Interactive Group and Trinity Ventures, who were full participants in the round, on the company's board of directors. Exalt will use the funds to accelerate international growth, expand marketing and sales to carriers, governments and enterprises, strengthen its presence in North America and continue expanding its robust product portfolio.

"Exalt is clearly well-positioned as a market leader with a broad and compelling product line in a high growth market space," said Khaled Nasr, partner at InterWest Partners. "With its innovative technology platform and outstanding execution, the Exalt team has developed microwave radio systems that enable its customers to break the customary bottlenecks associated with wireless transmission of voice, data and video. In this time of ever-increasing demand for the delivery of high bandwidth traffic through wireless networks, the use of Exalt systems for wireless backhaul has become even more critical to keep networks congestion-free."

Exalt Communications Inc.

Be the first to post a comment regarding this story.
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE