Siklu Secures $19M In VC Financing

Siklu Communications, a pioneer in the wireless backhaul market, has secured $19 million in series B venture capital financing,Globesreports. New investors includeAmiti Ventures,Qualcomm Inc.and another undisclosed strategic investor.

Existing investorsFishman Holdings,Evergreen Venture PartnersandArgonaut Private Equityalso took part in the fundraising process.Ben Rabinowitz, managing partner at Amiti Ventures, will join Siklu’s board of directors. The Petach Tikva–based company delivers scalable and flexible carrier-grade millimeter wave gigabit Ethernet radio solutions, which are suited for mobile backhaul.

Click here for the story fromGlobes.