Airgo pumps in $20 million

Airgo Networks announced Wednesday it raised a $20 million third round of funding, led by OVP Venture Partners. Previous investors Accel, Sevin Rosen and Nokia Venture Partners contributed to the round. The Palo Alto, Calif.-based company has raised a total of $52 million. Airgo Networks develops chipsets and other semiconductor products designed to improve the speed and reliability of wireless connectivity.