Mimosa Networks Obtains $20,000,000 Series C Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=b6c8c64e-b8ae-47f7-9402-77f046e94740
Date
5/21/2014
Company Name
Mimosa Networks
Mailing Address
300 Orchard City Dr. Campbell, CA 95008 USA
Company Description
We believe that the future of the Internet is bigger capacity, faster speeds and better reliability. Mimosa wants to bring next generation Internet access everywhere. Whether your wireless access is non-existent or just too slow for the applications you need – Mimosa has the solution.
Website
http://www.mimosanetworks.com
Transaction Type
Venture Equity
Transaction Amount
$20,000,000
Transaction Round
Series C
Proceeds Purposes
Mimosa will use the additional capital to expand its cutting-edge wireless product line, and significantly ramp global sales growth.
M&A Terms
Venture Investor
Venture Investor