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 Cedar, Giza and Pitango and it has recently laid off most of its employees in Israel. See coverage of iamba’s latest round in …
Continue reading “Pitango, Giza and Cedar Lose in this deal: Marvell Buys Iamba for $10 Million”
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 DSL. I admittedly don’t know too much about this technology, so I did some …
Continue reading “Investors Believe In Iamba Networks, Add $7 Million Investment”
