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SignalSet Raises $6M

Seattle-based SignalSet, a developer of wireless infrastructure products, said today that it has raised $6M in a funding round from Vanedge Capital, Point B Capital, Globespan Capital Partners and Razorback Capital. The firm said its software allows the deployment and control of wireless devices capable of switching between GSM and CDMA networks in real-time, specifically for the telematics market. The funds will go toward product development, launch, and marketing. The company is headed by Peter van der Gracht. More information »


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