Exalt Announces $15 Million in New Funding
Exalt Communications, a provider of licensed and license-exempt microwave radio systems for wireless backhaul applications, announced it has raised $15 million in Series C funding. InterWest Partners led the financing, joining existing investors Velocity Interactive Group and Trinity Ventures, which were full participants in the round, on the company’s board of directors.
“The Exalt team has developed microwave radio systems that enable its customers to break the customary bottlenecks associated with wireless transmission of voice, data and video,” said Khaled Nasr, partner at InterWest Partners.
In the four years since its founding, Exalt has successfully developed and delivered a new class of microwave radio systems to more than 500 customers, including wireline carriers, mobile operators, government agencies and enterprises.
Exalt licensed and license-exempt microwave radios are available in bands covering 2 - 40 GHz. The product family now includes Gigabit Ethernet interfaces and a high-capacity 5 GHz radio.