LONDON-Airspan Communications Corp., a wireless local loop systems and services company, completed its third round of financing bringing its total equity investment to $125 million.
Three new U.S.-based investors-MeriTech Capital Partners, Weston Presidio Capital and BancBoston Ventures-are supplying the entire $50 million of new funding. The funds will be used to support the growing demands of Airspan’s customers and will facilitate development in core business areas, including sales and marketing, product development, customer service and distribution.
