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    Tuesday, July 24, 2007

    Terabeam Scores $7.5M In PIPE


    San Jose-based Terabeam, which owns Proxim Wireless and Ricochet Networks, said today that it has completed a private placement of common stock which garnered the firm $7.5M. Investors in the firm wree not disclosed. Proxim is a developer of hardware for the municipal wireless network market; Ricochet is an Internet Service provider that provides wireless services in Denver, Colorado.
    posted on Tuesday, July 24, 2007


    Related stories:
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    > ECO2 Plastics Raises $6.5M In PIPE
    > Optovue Scores $10.5M
    > Skyrider Scores $12M

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