Movik Networks Inks $25M

Movik Networks, a provider of wireless networking products, has raised $25 million in financing. Oak Investment Partners led the round, with participation from previous investors Highland Capital Partners and Northbridge Venture Partners. Movik’s technology is designed to help wireless operators more efficiently deliver large volumes of data across networks. The Littleton, Mass.-based company closed a $8.5 million round in 2009.

1 April 2011•4 mins read
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