Bridgewave Raises $10M

Core Capital partners co-leads $10M round for BridgeWave Communications

June 25, 2008

1 Min Read

WASHINGTON -- Core Capital Partners, a leading venture capital firm that invests in disruptive technologies, announced today its principal participation in a $10 million funding round for Santa Clara, Calif.-based BridgeWave Communications, the key supplier of gigabit wireless solutions. Co-led by Intel Capital, the funding will be used to develop and market products that support the significantly larger high capacity backhaul requirements of next generation wireless networks.

“In a world of exploding data usage on mobile phones, BridgeWave’s technology is a key element of future backhaul transport capacity, thanks in large part to its unmatched product performance and reliability,” said Pascal Luck, managing director at Core Capital Partners who will join BridgeWave’s board of directors. “Securing new funding means securing new options for customers who need an alternative to fiber optic base station connectivity. BridgeWave is in a unique position to use its gigabit wireless technology to provide alternative to fiber transport and help clear a path for smooth, reliable next generation wireless data.”

Core Capital Partners

BridgeWave Communications

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