Exalt musters $15M for wireless backhauling
Exalt Communications, a company that transmits wireless data through microwave radio systems to relieve congestion on regular networks, announced today that it brought in $15 million in third-round funding to expand its “backhauling” systems globally. The Campbell, Calif. company claims that demand for its products is on the rise as mobile users increasingly swap high-bandwidth data, including text messages, photos and video.
Its licensed and license-exempt microwave radios cover from 2 to 40 GHz, allowing for… Continue Reading
Strix strings together funds for wi-fi expansion
Strix Systems, a Calabasas, Calif. provider of wi-fi equipment, announced that it raised an undisclosed round of strategic investments to fuel expansion of its mesh-like wireless networks nationwide and overseas. To this end, it has already established a toehold in Africa with six networks of connected hot-spots, as well as a wireless video surveillance system installed along the route of the Boston Marathon, reports VentureWire.
Specializing in the public safety field, the company has a handful… Continue Reading