Tech Company Financing Transactions
SEQUANS Communications Funding Round
SEQUANS Communications secured a $28 million funding round on 2/11/2008. Backers included CDC - Caisse des Depots, Reliance Technology Ventures Limited and Swisscom.
Transaction Overview
Company Name
Announced On
2/11/2008
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$28,000,000
Round
Undisclosed
Proceeds Purpose
Georges Karam, Sequans CEO said, "We will use our new funding to strengthen our foothold in the market, expand our international customer support centers and launch our next wave of chips in order to maintain our technology leadership."
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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