IPWireless Raises $15.5 Million

IPWireless, a San Francisco-based provider of 3GPP technology, has raised $15.5 million in Series A funding. Spark Capital led the round, with Lockheed-Martin Corp. also participating. IPWireless had raised over $155 million in VC funding before being acquired for around $100 million in 2007 by NextWave Wireless Inc. (Nasdaq: WAVE). The company's founders bought IPWireless back last year.

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