Azaire Networks, a start-up based in Santa Clara, California, raised $21 million in new funding for its Fixed Mobile Convergence (FMC) solutions.
Azaire Networks’ IP Converged Network Platform (IP-CNP) enables service providers to offer mobile broadband services through the creation of hybrid networks that integrate cellular and IP access networks (such as Wi-Fi and WiMAX).
The new funding was led by Investor Growth Capital and existing Series B investors Convergence Partners, Rustic Canyon Partners and Woodside Fund also participated in the round.
http://www.azairenet.com/