Vyyo secures $25m. from Goldman

Vyyo's wireless technology allows utility companies to build expansive wireless networks that can be used to monitor operations and to deliver high-speed Internet access to rural areas.

By SHARON WROBEL
March 22, 2006 07:32
vyyo logo 88

vyyo logo 88. (photo credit: )

 
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Vyyo Inc., a global supplier of broadband access equipment for cable and private wireless broadband network solutions, has secured $25 million in financing in the form of equity and long term debt from Goldman, Sachs & Co., for scaling up its US business and achieving its objectives for this year. Vyyo's wireless technology, which was created in Jerusalem's Har Hotzvim technology park, allows utility companies to build expansive wireless networks that can be used to monitor operations and to deliver high-speed Internet access to rural areas.

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