Beceem, leading mobile WiMax chip co., gets $27M

Beceem, a Santa Clara company that provides chipsets for mobile WiMax technology and is now widely considered the leader in this industry, has raised $27.1 million of a $50 million fourth round of capital. Backers include Sequoia Capital, Walden International, Khosla Ventures and Global Catalyst Partners. VentureBeat spoke with the chief executive last week. We will have more on this soon.

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