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DesignArt Networks receives Motorola funding

Posted: 14 Feb 2008 ?? ?Print Version ?Bookmark and Share

Keywords:DesignArt Networks investment? WiMAX? network platform?

Motorola Inc., through its venture capital arm Motorola Ventures, has made an equity investment in DesignArt Networks, a supplier of SoC solutions for WiMAX radio access network infrastructure. Motorola Ventures led this second round for DesignArt Networks, joined by existing investors, Carmel Ventures and Magma Venture Partners. Financial terms were not disclosed.

"DesignArt's SoC WiMAX mesh platform provides a comprehensive solution framework that successfully addresses the capital expense and backhaul issues related to high-density base stations deployments, essential for any urban wireless broadband roll-out," said Mony Hassid, managing director, Motorola Ventures in Israel. "We believe this solution will have a strong impact on the evolution of the WiMAX radio access network."

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