Celeno Communications inks $38 mln

Israel-based Celeno Communications, a provider of smart managed Wi-Fi chipsets and software technology, has raised $38 million in funding. Red Dot Capital Partners led the round with participation from other investors that included Poalim Capital Markets, the investment arm of Bank HaPoalim, OurCrowd. Pitango and 83North. In conjunction with this funding, Zvika Naggan, a managing partner at Red Dot, has been added to Celeno's board of directors.

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