Beceem raises cash to go after WiMAX
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VentureWire has the story (sub required). We notice for our records that Beceem raised $9.6 million in 2003, and another $9 million in the first quarter of this year. So it has been around a bit.
The Institute of Electrical and Electronics Engineers Inc., a technology trade group known as the IEEE, recently ratified the so-called 802.16e standard. That is for mobile WiMAX, or WiMAX technology that can be accessed while a person walks around town or rides in a car, just as cellular and Wi-Fi networks can.
Samsung Ventures America, Global Catalyst Partners, KTB Ventures, Sequoia Capital, Walden International and well-known Silicon Valley investor Vinod Khosla all participated in the financing.
Here is Om on the latest about WiMAX standards.
http://www.siliconbeat.com/cgi-bin/mt331/mt-tb.cgi/952
Links to blogs that reference this entry:
Telsima raises money for WiMAX
Excerpt: Telsima, of Santa Clara, is the latest company to raises more venture capital to pursue a WiMAX strategy. WiMAX networks allow high-speed, wireless Internet connections over long distances. Telsima has just raised $20 million. This is notable because j...
Tracked: December 14, 2005 8:23 PM
MIMO stands for "multiple input, multiple output," and it refers to a technology that speeds transmissions by increasing the number of spatial channels through which data can flow. The revolutionary work has applications in mobile, wireless local-area and wide-area networks. While traditional technology sent wireless transmissions from a single transmitting antenna to a single receiving antenna, the new technology uses multiple transmitting antennas and receiving antennas. This "smart antenna" technology arose out of the pioneering work by Paulraj and his group that began at Stanford in the 1990s and brought such dramatic improvements that it has since been adopted in several worldwide standards for wireless technologies including WiFi, WiMAX, 3G and 3.5G. Paulraj was winner of the 2003 Technical Achievement Award from the Signal Processing Society of the Institute of Electrical and Electronics Engineers in recognition of his outstanding contributions to this field.
Paulraj received his doctorate in 1973 from the Indian Institute of Technology in New Delhi. Before coming to Stanford in 1993, he served in the Indian Navy and was assigned to various research and development leadership positions in India, including chief scientist of the Central Research Lab of Bharat Electronics and director of both the Center for the Development of Advanced Computing and the Center for Artificial Intelligence and Robotics. He is author of about 300 research publications and holds about two dozen patents.
In addition to supervising the Smart Antennas Research Group, Paulraj is an advising faculty member at the Stanford Center for Position, Navigation and Time, which aims to advance the Global Positioning System to enhance resolution and reliability in location information. Currently on a part-time leave of absence from Stanford, Paulraj is co-founder and chief technology officer at Beceem Communications Inc., with headquarters in Santa Clara, Calif.
Vladimir Lubarov on August 30, 2006 12:57 PMComment link
