HomefundingMimosa Networks Raises $20M in Series C Funding

Mimosa Networks Raises $20M in Series C Funding

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Logo-MimosaMimosa Networks, Inc., a Campbell, CA-based provider of last mile gigabit wireless technology, raised $20m in Series C funding.

The round was led by existing investor New Enterprise Associates (NEA), with participation from Oak Investment Partners.

The company, which has now raised $38m in total, will use the additional capital to expand its wireless product line, and ramp global sales growth.

Led by Brian Hinman, co-founder and CEO, Mimosa employs advanced Wi-Fi technology to design and manufacture gigabit wireless platforms for Internet Service Providers (ISPs) demanding fiber speed networks.
Its product offering will be launched later this year.

FinSMEs

21/05/2014

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