BridgeWave Communications, a start-up based in Santa Clara, California, raised $10 million in Series 4 funding for its gigabit wireless solutions. The funding round was co-led by Intel Capital and a new investor, Core Capital, with participation from prior round venture capital firms Cipio Partners, SDL Ventures, and Merifin Capital.
BridgeWave's Gigabit Ethernet wireless technology is aimed at future backhaul transport capacity. BridgeWave utilizes the upper millimeter-wave radio spectrum in the recently-allocated 60-90 GHz range, enabling the multi-gigabit per second wireless connectivity. The company also features proprietary "AdaptRate" technology and Forward Error Correction capabilities optimized for longer distances.
As a result of the financing, Pascal Luck, managing director at Core Capital will be joining the BridgeWave board of directors.http://www.bridgewave.com
- BridgeWave Communications is headed by Amir Makleff, who co-founded the company in 1999. Previously Amir served as COO and Senior VP of Engineering at Netro for three years. Previously to Netro, he was General Manager of Engineering and Marketing at Telco Systems and Nortel.
