Tech Company Financing Transactions
SEQUANS Communications Funding Round
SEQUANS Communications, based in Burnsville, raised $24 million in investment from Kennet Partners and Add Partners.
Transaction Overview
Company Name
Announced On
7/24/2006
Transaction Type
Venture Equity
Amount
$24,000,000
Round
Undisclosed
Investors
Kennet Partners (Lead Investor) (Michael Elias)
Proceeds Purpose
We will use our new funding to grow our organization, particularly in the areas of sales and customer support, and to further accelerate the introduction of high performance, low-power, low-cost integrated chips to support mobile and fixed applications.
Company Information
Company Status
Publicly-held
Industry
Semiconductors
Mailing Address
14551 Judicial Rd. 125
Burnsville, MN 55306
USA
Burnsville, MN 55306
USA
Phone
Website
Email Address
Overview
SEQUANS Communications (NASDAQ: SQNS) is a leading supplier of fixed and mobile WiMAX silicon and software based on IEEE 802.16 standards. Offering both base station and subscriber station chips for both fixed and mobile WiMAX, Sequans provides a broader product line than any other WiMAX chipmaker.
Management Team
Title
Name
Email & Social
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