SAN FRANCISCO Intel Capital, the investment arm of the world's No. 1 chip maker, has increased its stake in portable wireless broadband network solutions Navini Networks Inc., which Wednesday (June 21) said it has successfully secured $17.5 million in venture funding.
"It is critical for the industry to develop mobile WiMAX solutions to meet the communication and information needs of our increasingly on-the-go society," said Sriram Viswanathan, Intel Capital's vice president and managing director of mobility. "Navini Networks is a key equipment supplier to service providers whose deployments are accelerating this trend."
Intel Capital was an original investor in Navini in 2001. Navini (Richardson, Texas) did not say how much of the $17.5 million came from Intel Capital, nor did the company disclose the identities of the other investors. The company said the "insider" funding round was "significantly oversubscribed."
Pending 6GHz spectrum availability, faster speeds, and private wireless access use drive FWA forward.
The new HPE Aruba 730 series Wi-Fi 7 access points tout high performance, enhanced security, location tracking capabilities, and more.
Verizon is demoing crowd analytics technology that uses 5G along with AI and mobile edge computing to give stadium operators insights into the flow of fans throughout a venue.
