GIGA STREAM Raises Euro 10 million for UMTS Broadband Switch

GIGA STREAM UMTS Technologies, a start-up based in Saarbruecken, Germany, raised € 10 million in second round funding for development of a broadband switch for 3G networks. The GIGA STREAM UMTS Navigation Switch is designed to enable seamless roaming between 2G (GPRS), 3G (UMTS) and WLAN networks. The platform combines core switching elements and multiple access technologies in a single cabinet. The new funding was led by PolyTechnos Venture Partners GmbH and included first round investors 3i and SWG.
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