Silicon Valley-based BridgeWave Communications received $4.75 million in the round, which was led by West STEAG Partners.
Israeli venture capital firm Jerusalem Venture Partners (JVP) participated in a series D financing round for BridgeWave Communications, a developer of technology in the fixed wireless access and high-speed semiconductor industries.
Silicon Valley-based BridgeWave received $4.75 million in the round, which was led by West STEAG Partners, an investor in electronics and optics solutions. Existing investors JVP and MKS Ventures also participated in the round, BridgeWave said.
BridgeWave will use this funding to transition their design capabilities from prototype phase into commercial products. BridgeWave's technology targets applications that require semiconductors operating above the ten-gigahertz range, such as high-bandwidth wireless and fiber-optic communications, as well as high clock-rate digital computation products.
The company expects its technology will increasingly address mainstream applications, as performance levels of communications and computation products continue to rise.
Published by Globes [online] - www.globes.co.il - on 2 October, 2002