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… Continue Reading
Inside Contactless raises another $4M for automated payments
Inside Contactless, a company that makes chips for “contactless payments,” has raised an additional $4 million from Samsung Ventures America to complete its $42 million third round of funding. The Aix-En-Provence, France company already was already backed by a large mobile company — the new… Continue Reading
Update: Quellan raises $20M for mobile phone noise-reduction — delay on profitability
Quellan, a Santa Clara, Calif. company that reduces noise interference on weak wireless signals, said it has raised $20 million in a third round of financing.
[Update: The company, which originally said it would be profitable this year, now says it won’t be profitable until the… Continue Reading