Tuesday, September 28, 2004

Azaire Secures $9 Million for its Cellular/Wi-Fi Convergence

Azaire Networks, a start-up based in Santa Clara, California, raised $9 million in Series B financing for its Cellular/Wi-Fi convergence network solutions. Azaire's Converged Network Platform provides multi-authentication, integrated billing, secure roaming, delivering common data services and providing the end users with a unified user interface. The platform has been deployed by Rogers Wireless, Canada's largest GSM operator, and Mobilkom Austria, Austria's leading mobile carrier. Several other trials are underway. The new funding was led by Rustic Canyon Partners and Woodside Fund. Existing Series A investors, including Convergence Partners, also participated in the round. http://www.azairenet.com