Provigent secures $10 Million in Fifth (!) Round

It seems almost impossible these days, but Provigent have managed to secure a fifth round of investment after receiving a fourth round of $20 Million Dollars earlier this year (2008).

Lightspeed Ventures has joined as a new investor to a very long list of existing investors: Sequoia Capital, Pitango Venture Capital, Globespan Capital Partners, Magma Venture Partners, Ascend Technology Ventures, Delta Ventures, Stata Venture Partners, and Dr. Andrew Viterbi.

Lightspeed recently invested Purewave networks. I guess it means they believe in Wireless communications and WiMA, and that Provigent has real customers and prospects.

This post’s rant (I cannot seem to avoid it these days): Why do Provigent post press releases in Unprotected Word Format? HTML works great, PDF is not a bad option. Word?

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