Thursday, October 21, 2004

Axesstel Receives VC Investment

San Diego-based Axesstel, a publicly listed developer of CDMA-based fixed wireless products, said today that it has received a private investment from funds managed by ComVentures. The $3M funding represents a 19.8% interest in the company, and came as a private investment in public equity (PIPE) deal. Axesstel maintains research and development offices in Korea. More information »

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