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Wireless solutions co MobileAccess raises $11m.

Israel Business Arena

| June 13, 2006 | COPYRIGHT 2000 Globes. (Hide copyright information)Copyright

(From Israel Business Arena)

Byline: Batya Feldman

MobileAccess Networks Inc. today announced that it closed an $11 million financing round. Ziegler Meditech Equity Partners led the round, joined by existing investors HabourVest Partners, Pitango Venture Capital, and Poalim Capital Markets - Investment Bank Ltd. Ziegler Meditech specializes in investing in companies developing medical devices and IT solutions for the healthcare market.

Mobile Access has raised $52 million, including the present round, since it was founded in 1998. The company develops wireless communications infrastructure for ensuring connectivity inside buildings. With the switch …

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