Pitango, Giza and Cedar Lose in this deal: Marvell Buys Iamba for $10 Million

Welcome to VC Cafe. If you’re new around here, you may want to subscribe to our feed and get daily updates for FREE. iamba, an Israeli startup that develops optical communication systems for VOIP and IPTV, was sold to Marvell for $10 million. iamba had received $25 million in four rounds of venture backing from [...]

Investors Believe In Iamba Networks, Add $7 Million Investment

Iamba networks has secured a $7 million round from previous investors Pitango Venture Capital, Cedar Fund, Giza Venture Fund and UK-based Kreos Capital. The company develops chips for telecommunications, specifically Gigabit Passive Optical Networking (GPON), a technology that aims to replace [...]