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Aperto Networks Raises $17 Million in First Tranche of Mezzanine Round

 

September 14, 2005 – Aperto Networks, developer of advanced WiMAX base stations and subscriber units, raised $17 million in the first tranche of a Series E financing round. Led by Canaan Partners, the funds were raised from investors including: JK&B Capital, Alliance Ventures, Innovacom, Tyco Ventures, Labrador Ventures and Satwik Ventures. The latest round brings the company's total capitalization to $94 million.  Aperto Networks helps leading service providers deliver affordable wireless voice and broadband by building advanced WiMAX base stations and subscriber units.

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