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Telsima Receives $50 Million Funding Infusion.

PR Newswire

| April 10, 2007 | COPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Furthers WiMAX Expansion In Emerging and New Markets

SANTA CLARA, Calif. April 10 /Xinhua-PRNewswire/ -- Telsima Corporation, a leading developer and provider of WiMAX based Broadband Wireless Access (BWA) and Mobility solutions, announces $50 million in new funding. It includes commitments from the initial investor syndicate: NewPath Ventures, New Enterprise Associates, CMEA Ventures, JAFCO Asia, and other strategic investors.

Telsima is rapidly growing its customer base with commercial deployments in emerging markets such as India, and Central and Eastern Europe (CEE). Based on innovative, high performing technologies, Telsima's solutions break…

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Source: HighBeam Research, Telsima Receives $50 Million Funding Infusion.

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