Actelis adds on $15M for copper-based broadband service

Actelis Networks, a Fremont, Calif.-based ethernet company that enables high speed transfers over existing copper-based wire infrastructure, has raised $15 million in a sixth financing round, according to Globes.

The company, which has its R&D center in Israel, maintains a worldwide sales network and has a number of international partners, although it has also gained deployments in both rural and metropolitan areas of the United States.

The $15 million funding was provided by ATA Ventures, The Carlyle Group, Dupont Capital and Global Catalyst Partners, while some of the investors in its previous round of $22 million, including New Enterprise Associates and Independent Venture Fund, did not return for the round. The company has raised about $177 million to date, according to VentureBeat’s records.

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