CUPERTINO, Calif.—Wireless communications product developer Tropian Inc. has closed $45 million in Series D equity funding, its largest funding round to date. Merrill Lynch Ventures LLC led the financing and several other investors also contributed.
“As the wireless industry moves forward in development of 2.5G and 3G systems, Tropian looks forward to working with its strategic partners to provide solutions that will enable multi-mode voice and high speed data for handheld devices and base stations,” said Michael Farese, Tropian’s president and chief executive officer.