Tech Company Financing Transactions
Celeno Wireless Communications Funding Round
Celeno Wireless Communications, based in Ra'anana , raised $38 million from Red Dot Ventures, Bank Hapoalim and Cisco Investments.
Transaction Overview
Company Name
Announced On
9/9/2016
Transaction Type
Venture Equity
Amount
$38,000,000
Round
Undisclosed
Investors
Red Dot Ventures (Lead Investor) (Zvika Naggan)
Proceeds Purpose
The funds will enable Celeno to further increase its investment in new technology and R&D activities, as well as expand its global presence and increase its sales and marketing endeavours to support the growing demand for its solutions.
Company Information
Company Status
Acquired or Merged
Industry
Semiconductors
Mailing Address
26 Zarhin St. P.O. Box 4093
Ra'anana , 43665
Israel
Ra'anana , 43665
Israel
Phone
Website
Email Address
Overview
Celeno Communications is a fabless semiconductor company developing components and subsystems for high performance carrier-class Wi-Fi systems and networks.
Management Team
Title
Name
Email & Social
Browse more venture capital transactions:
Prev: 9/9/2016: Octiv venture capital transaction
Next: 9/9/2016: SessionM venture capital transaction
Share this article
Where The Data Comes From
We report on every notable VC transaction. 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.
Additional Resources for Entrepreneurs