Sequans is a manufacturer of all kinds of chips for the WiMAX industry, from various base stations and terminals to personal chips for computers or mobile devices.
The company is based in Paris but also has offices in Cupertino. It has partnerships with Motorola and Alcatel-Lucent, who previously made undisclosed strategic investments in the firm.
Investment bank NATIXIS led the $28 million funding, with participation from Swisscom and Reliance Technology Ventures Limited. Sequans had also taken a round of $9 million in 2005.