Airgo pumps in $20 million

By Dawn Kawamoto
Staff Writer, CNET News

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.

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