WiFi Chipsets Maker Celeno Raises $12 Million From Liberty Global, Others

Lundi, 15 Novembre 2010 14:39

WiFi Chipsets Maker Celeno Raises $12 Million From Liberty Global, Others

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Celeno Communications, an Israel-based provider of semiconductors for multimedia WiFi home networking applications, this morning announced that it has secured a $12 million funding round, which included a strategic investment by international cable operator Liberty

Global. The company's previous backers, including Cisco, Greylock Partners, Miven Venture Partners, and Pitango Venture Capital, also participated in the round. The investment by Liberty Global Ventures comes only months after the broadbant giant opted for Celeno's WiFi technology to power its multimedia home gateway.