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Issue #2003 - 13 (April 2003)
(Updated Apr. 16, 2003)


VC Investments in Wireless This Week

Recent Investments

Navini Networks Raises $25,000,000 in Third Round [Richardson, TX] 
Navini Networks offers patented wide-area wireless broadband technology for high-speed Internet access. It provides nomadic, zero-install, non-line-of-sight infrastructure to allow for anytime, anywhere Web access.
INVESTORS: Austin Ventures, Granite Ventures, Sequoia Capital, Sternhill Partners

BeamReach Networks Raises $15,000,000 in Third Round [Sunnyvale, CA] 
BeamReach Networks is a provider of broadband wireless access systems, operating in frequency bands under 6 GHz, based on its patented Adaptive MultiBeam OFDM technology. BeamReach was founded in early 2000 by a core team from Radix Technologies, a pro...
INVESTORS: Goldman Sachs, London Pacific Life and Annuity Company, Mitsui & Co., Soffinova Ventures, Walden International Venture Partners

TransChip Raises $5,500,000 in Third Round [Israel] 
TransChip is a developer of single chip camera solutions for mobile phones and other devices.
INVESTORS: Mission Ventures (Lead), Cadence, Individuals

Source: Various press releases
For more information: http://www.venturereporter.com
at are introducing innovative technologies for use on Wi-Fi (802.11) wireless networks.

MobileInfo Comments and Advisory: Broadband continues to attract VC money.

 Note: This news release may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and section 21E of Securities Exchange act of 1934 in USA. Similar provisions exist in other countries. There is no assurance that the stipulated plans of vendors will be implemented. MobileInfo does not warrant the authenticity of the information. Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.  All trademarks used in this summary are the property of their respective owners.

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