Tech Company Financing Transactions
Beceem Communications Funding Round
NEC, Global Catalyst Partners and Intel Capital participated in a $40 million Series D funding round for Beceem Communications. The funding round was recorded on 2/7/2007.
Transaction Overview
Company Name
Announced On
2/7/2007
Transaction Type
Venture Equity
Amount
$40,000,000
Round
Series D
Investors
Proceeds Purpose
Beceem, which focuses on the wireless broadband market, said the money will be used to invest in new product initiatives and strengthening the company's development capabilities for next-generation mobile broadband products.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
3960 Freedom Cir. First Fl. 1
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Beceem Communications Inc. was founded in October 2003 with the goal of building a wireless technology company offering semiconductor solutions for the wireless broadband market. Beceem is the leading supplier of chipsets for the recently ratified, IEEE 802.16e standard on which Mobile WiMAX is based.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Shahin Hedayat
Chief Executive Officer
Babu Mandava
Chief Technical Officer
Arogyaswami Paulraj
VP - Bus. Development
Lars Johnsson
VP - Sales
David Carroll
Browse more venture capital transactions:
Prev: 2/7/2007: GroundWork Open Source venture capital transaction
Next: 2/7/2007: Zolo Technologies venture capital transaction
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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