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Azaire Networks Secures $21 Million in Series C Financing Led by Investor Growth Capital, New Investor in the Company

 

August 30, 2006 –Azaire Networks, a leading Fixed Mobile Convergence (FMC) solutions supplier, has secured $21 million in new funding. Investor Growth Capital, a new investor in the company, led this round.  Series B investors participating in the round are: Convergence Partners, Rustic Canyon Partners and Woodside Fund. Azaire Networks' IP Converged Network Platform (IP-CNP) enables service providers to offer mobile broadband services through the creation of hybrid networks. 

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