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SkyCross Soars With $23 Million Venture Financing

Wednesday, February 04, 2009 5:50:00 AM PDT | VentureDeal Staff

Viera, Florida  --  Wireless technology company SkyCross has raised $23 million in its new round of venture capital funding.

SkyCross develops next generation RF technology for both mobile and fixed wireless telecommunications, satellite and mobile computing markets.

Investor Growth Capital led the round, which included other undisclosed investors. The company said it would use the funding to expand its geographic reach and gain additional customers.

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