Navini Networks, a start-up based in Richardson, Texas, secured an additional $30 million in Series D funding for its non-line-of-sight, wireless broadband technology. Navini recently announced the expansion and opening of an office in China.
The new funding round was led by Lehman Brothers Venture Partners and include existing Navini venture investors Austin Ventures, Granite Ventures, Sequoia Capital and Sternhill Partners. Navini has now raised $115 million to date. http://www.navini.com/
