Wednesday, April 22, 2009

Newpath Networks Gains $30M

Seattle-based Newpath Networks, a developer of wireless infrastructure, has scored $30M in a funding from a pair of private equity firms. According to New York-based Charterhouse Group, it has invested $20M in NewPath Networks, alongside a $10M preferred stock investment from Meritage Funds. NewPath Networks develops distributed antenna systems used by wireless carriers. More information »