Santa Clara-Based Azaire Networks Lands $21 Million in Third Round

Santa Clara, Calif. -- Azaire Networks, a developer of a platform that allows service providers to extend network coverage and offer mobile broadband services through the creation of hybrid networks, said on Wednesday that it has raised $21 million in its third round of funding. New investor Investor Growth Capital led the round, which also included previous investors Convergence Partners, Rustic Canyon Partners and Woodside Fund. Azaire said that it will use the new capital to augment its sales and marketing programs, as well as to support ongoing operations.
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