Paratek completes third financing round

COLUMBIA, Md.-Paratek Microwave Inc., a manufacturer of electronically tunable components and scanning antennas, has finalized its third round of funding totaling $24 million from a group of leading companies and venture capitalists. New investors Morgenthaler Ventures, Investor AB, and JPMorgan Partners were included in the third round of funding. The company said the funding will allow it to expand marketing efforts and continue to develop products that serve wireless original equipment manufacturers and service providers.