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Kineto Wireless Clears New Financing Round

Thursday, October 09, 2008 6:02:00 AM PDT | VentureDeal Staff

Milpitas, California  --  Wireless technology company Kineto Wireless announced that it has garnered $15.5 million in a new round of funding.

Kineto is a supplier of Unlicensed Mobile Access (UMA) technology that helps mobile service providers extend their voice, data, and IMS services over their networks.

Motorola Ventures, Oak Investment Partners, Sutter Hill Ventures, Venrock and SeaPoint Ventures participated in the round. The company did not disclose how it would use the funding proceeds.

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