VCs Invest $60M with two WiMAX providers

Medford, Cassimir
January 2008
Red Herring;1/16/2008, p5
Trade Publication
The article reports on the venture capital (VC) funding received by two Worldwide Inter-operability for Microwave Access (WiMAX) service providers, DigitalBridge and Enforta. Auburn, Virginia-based DigitalBridge received $20 million while Moscow, Russia-based Enforta received $40 million. DigitalBridge is targeting smaller towns that are underserved by digital subscriber line (DSL) and cable modem access providers in a number of U.S. states. Enforta will use its latest funding to expand its coverage to 65 of Russia's largest cities by the end of 2008.


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