$martEconomy: Orthogon Systems Receives $8 Million

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2004.12.15

Orthogon Systems Receives $8 Million

Orthogon Systems, a broadband wireless system developer, received $8 million from Motorola Ventures (lead), Lighthouse Capital Partners (new), Atlas Venture and The Carlyle Group (returning).

Funds will be used for market expansion. Orthogon Systems also announced a technology licensing agreement involving Motorola's Canopy product line.

Orthogon Systems has offices in Ashburton, Devon, United Kingdom and Waltham, Massachusetts.

Lead Source: Business Wire

2004.12.15 in Capital, Technology | Permalink