Air Prime raises financing

SANTA CLARA, Calif.—Air Prime Inc. said it raised $40 million in a series C round of equity financing.
The investment was led by RBC Capital Partners Telecom Fund and includes investments from Qualcomm Inc., GE Equity, LibertyView Equity Partners, NB Capital Venture Partners, Omninet Capital, DRW Venture Partners and others.
AirPrime develops and supplies wireless access products to original equipment manufacturers for use in handheld devices, notebook computers and Internet appliances.