MORRISTOWN, N.J.—Celerica Inc. announced details of its second round of funding, which brought the total funding raised for the wireless infrastructure start-up company to more than $20 million.
This round, which totaled $18 million, was led by Pitango Venture Capital of Tel Aviv, Israel, with Charles River Ventures, Ridgewood Capital, Platinum Venture Capital and STAR Ventures also contributing.
Celerica, which was founded in June 2000, is developing products to maximize the capacity of existing wireless infrastructure in urban areas. The company will present its solutions at the Cellular Telecommunications & Internet Association’s trade show in March.
