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SEQUANS Raises $24M
SEQUANS, a Paris-based firm which maintains its offices in Cupertino, announced this week that it has raised $24M in equity financing. The round was led by Kennet Venture Partners, and included prior investors Add Partners, Caps Decisif, T-Source, SG Asset Management, and Vision Capital. SEQUANS develops Wi-Max systems-on-a-chip (SoCs) for the WiMax equipment market. Michael Elias of Kennet Venture Partners joins the company's board as part of the funding.
posted on Friday, July 28, 2006 (Link to more information)

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