Sometimes a funding is all about timing. In Brilliant Telecommunications‘ case, everything it does is about timing. The Campbell, Calif.-based company makes timing devices for the telecom industry.
Gearing up for its deployment of wireless products with a European carrier, the company has added $4.9 million to its second round of funding, according to VentureWire.
This new money, led by previous investor NovAtel, brings its second round total up to $11 million. Asset Management, Draper Associates, Draper Richards, Intellect Capital Ventures and Onset Ventures also participated.
The company previously raised a $7.1 million first round last year.