Siklu Communications, a pioneer in the wireless backhaul market, has secured $19 million in series B venture capital financing, Globes reports. New investors include Amiti Ventures, Qualcomm Inc. and another undisclosed strategic investor.
Existing investors Fishman Holdings, Evergreen Venture Partners and Argonaut Private Equity also took part in the fundraising process. Ben Rabinowitz, managing partner at Amiti Ventures, will join Siklu’s board of directors. The Petach Tikva–based company delivers scalable and flexible carrier-grade millimeter wave gigabit Ethernet radio solutions, which are suited for mobile backhaul.
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