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Article: SEQUANS raises US $24 million in financing led by Kennet Venture Partners.
- Article from:
- M2 Presswire
- Article date:
- July 24, 2006
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M2 PRESSWIRE-24 July 2006-SEQUANS Communications: SEQUANS raises US $24 million in financing led by Kennet Venture Partners(C)1994-2006 M2 COMMUNICATIONS LTD
RDATE:24072006
PARIS, France and CUPERTINO, Calif. --SEQUANS Communications, a leading supplier of fixed and mobile WiMAX chips, has raised US $24 million in a new round of equity financing. The round was led by Kennet Venture Partners, a leading international private equity firm that provides growth equity to technology businesses in Europe and the U.S. Sequans' existing investors, Add Partners, Cap Decisif, T-Source, SG Asset Management and Vision Capital, also participated in the round.
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