WiChorus Nets $18M for WiMAX

Medford, Cassimir
November 2008
Red Herring;11/4/2008, p2
Trade Publication
The article reports on the $18 million funding received by WiChorus, a Worldwide Interoperability for Microwave Access (WiMAX) management product maker, from several investors, including Pinnacle Ventures. WiChorus has raised a total of $43 million. Renan Jalil, chief executive officer (CEO) of WiChorus, believes that many of the major WiMAX network projects will not be affected by the credit crisis. Jalil cites examples of major WiMAX projects.


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