Tech Company Financing Transactions
Siklu Funding Round
Siklu, based in Fort Lee, secured $18 million in funding from Argonaut Private Equity, DFJ Tamir Fishman Ventures and Evergreen Partners.
Transaction Overview
Company Name
Announced On
8/20/2015
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series D
Proceeds Purpose
With this new funding and partnership, Siklu will continue to disrupt the mmWave market with technology not only capable of carrying out the ambitious goal to provide Gigabit To The Home (GTTH), but also of providing important building blocks for 5G mobile access deployed in the millimeter wave spectrum.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
2037 Lemoine Ave. 339
Fort Lee, NJ 07024
USA
Fort Lee, NJ 07024
USA
Phone
Website
Email Address
Not Recorded
Overview
Millimeter wave frequencies were the Antarctica of telecoms before Siklu -- very few went there and those who did paid a lot for it. Then we invented our all-silicon radio and started a revolution: prices were sliced by 90% and more, devices shrunk in size, performance skyrocketed -- and a market was born.
Management Team
Title
Name
Email & Social
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