Brilliant Telecom dials up $7.6M to sync wireless carriers
Brilliant Telecom, a company that designs, develops and distributes network timing solutions for telecommunications equipment, has brought in $7.6 million in convertible debt from Onset Ventures, NovAtel, Asset Management, Draper Associates, Draper Richards, Xilinx and a handful of individual investors, reports Dow Jones VentureWire. Based in Campbell, Calif., says its technology offerings ensure smoother operation of streaming voice and video applications.
Ahead of deployment, Brilliant Telecom adds to its round
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… Continue Reading