ARLINGTON HEIGHTS, Ill.-PrairieComm Inc., a provider of chipsets, software and intellectual property to the wireless industry, said it received investments from two venture capital firms.
Boston-based Greylock and Lucent Venture Partners, the capital arm of Lucent Technologies Inc., are collaborating in the PrairieComm investment, said the company.
PrairieComm will use the funding to expand development efforts on third-generation cellular products and bring its Interim Standard-136 Time Division Multiple Access and IS-95 Code Division Multiple Access products to market.
