Jedai Raises Another $10M
By Matt Stump published
Jedai Broadband Networks Inc., which is pitching cable operators a broadband
data and voice solution for small and midsized businesses, raised $10 million in
its second financing round.
Jedai has raised $50 million since its inception.
Sandler Capital Management, Intel Capital, Spencer Trask Ventures Inc. and
Weiss, Peck & Grier Networking Fund returned as investors.
Jedai said it's working to raise an additional $5 million. The company added
that it will use the working capital to expand rollouts of Jedai
product.
The smarter way to stay on top of the multichannel video marketplace. Sign up below.
Thank you for signing up to Multichannel News. You will receive a verification email shortly.
There was a problem. Please refresh the page and try again.