Newlans calls on Verizon Ventures for $5 mln

Newlans, a developer of radio frequency solutions for mobile devices, has raised an additional $5 million from Verizon Ventures to complete its Series B round. In February, the Acton, Mass.-based company raised $15 million in a Series B funding round led by Intel Capital and including Paladin Capital Management and Lockheed Martin Corp. The company has now raised $27 million in equity funding, according to Thomson Reuters (publisher of peHUB).

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