Quantance Scores $12M In Series B
San Mateo-based Quantance, a developer of semiconductors for the wireless market, said today it has raised $12M in a Series B funding. The new funding round came from TD Fund, DOCOMO Capital, Granite Ventures, and InterWest Partners. TD Fund led the round, with Jim Pastoriza of TD Fund joining the board along with the funding. Quantance is developing radio frequency technology which enables better coverage on HSDPA and HSUPA networks. The firm said its technology enables users to send data from wireless phones or data cards up to three times faster than can be achieved today. The new funding will go towards commercialization of its technology.
posted on Wednesday, November 19, 2008 (Link to more information)
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