Kineto Wireless Raises $3M in Debt and Equity Financing

Kineto Wireless, a Milpitas, CA-based supplier of smart offload solutions for smartphones, recently raised $3m in debt and equity financing.

According to a regultuary filing, investors include Venrock, Seapoint Ventures and Sutter Hill Ventures.
The company’s solutions are designed to enable mobile operators to use existing Wi-Fi in subscriber’s homes and offices to offload mobile voice and data services, improve mobile coverage, provide competitive mobile VoIP services, as well as enable voice over Long Term Evolution (LTE). 
Kineto’s customers and partners include AudioCodes, Cisco, GENBAND, HTC, Juniper Networks, LG Electronics, Motorola, NEC, Orange, Qualcomm, RIM, Samsung and T-Mobile.

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