Kumu Networks Receives $15,000,000 Series B Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=5e40b726-1b02-43c3-ab1a-e7ee2ae0588e
Date
11/1/2013
Company Name
Kumu Networks
Mailing Address
3265 Kifer Road Santa Clara, CA 95051
Company Description
Kumu Networks is revolutionizing the way wireless systems are built using its innovative full-duplex wireless design. Wireless full-duplex allows a radio to transmit and receive signals at the same time using a single frequency channel.
Website
http://www.kumunetworks.com
Transaction Type
Venture Equity
Transaction Amount
$15,000,000
Transaction Round
Series B
Proceeds Purposes
The new funding will be used to further commercialize Kumu Networks’ Self-Interference Cancellation technology and support major carrier trials in early 2014.
M&A Terms
Venture Investor
Third Point
Venture Investor
New Enterprise Associates
Venture Investor
Khosla Ventures