SUNNYVALE, Calif.-Broadband wireless access solutions company BeamReach Networks announced it has completed a $15 million third round of equity financing.
“We are using our new capital to move to volume production in anticipation of large scale deployments later this year,” said Bob Kelsch, BeamReach’s chief executive officer. “We are very pleased to have the support of this outstanding group of global investors as we ramp up our production capacity.”
Investors include: Goldman Sachs Group Inc., Sofinnova Ventures Inc., Walden International, Mitsui & Co. Venture Partners Inc. and London Pacific Life and Annuity Co.
