Mimosa Networks Connects With $20M For MIMO Technnology

Campbell, California-based Mimosa Networks, a startup developing MIMO wireless technology used for accelerating wireless Internet and other wireless services, said it has raised $20M more for its technology. The company said the investment came from New Enterprise Associates and Oak Investment Partners. Mimosa Networks has now raised more than $39M. The firm was founded by Brian Hinman and Jaime Fink. The firm says it is working on next generation WiFi. More information »