Actelis scores $4.7M for copper-wire ethernet

Actelis Networks, maker of equipment that lets ethernet run over copper wires, tacked $4.7 million more onto its previously raised $15 million sixth round of funding, reports VentureWire. With fiber optics becoming too pricey for many businesses, copper has become a popular alternative.

The Fremont, Calif.-based… Continue Reading

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… Continue Reading