Telsima, of Santa Clara, is the latest company to raise more venture capital to pursue a WiMAX strategy.
WiMAX networks allow high-speed, wireless Internet connections over long distances.
Telsima has just raised $20 million. This is notable because just a year and half ago, one of Telsima’s backers, NewPath Ventures, told us Telsima was focused on a Voice over Internet Protocol (VoIP) product mainly to the Indian market.
In the 4th quarter of last year, Telsima reported it had raised $24.7 million from Intel Capital.
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