WiNetworks raises $11,000,000

WiNetworks, a leading company in WiMAX (IEEE 802.16 d/e) and Digital Video Broadcasting (DVB) technologies, announced today that it successfully raised $11M in venture capital funding. WiNetworks is currently shipping its WiMAX platform that enables the delivery of seamless triple play and mobile services (video, voice and high-speed Internet) over WiMAX.