Amperion reels in $12.5 million
Amperion said Monday it received a $12.5 million first round of funding from American Electric Power, Redleaf Group and Cisco Systems. Chelmsford, Mass.-based Amperion designs networking hardware and software that allows high-speed broadband data to be carried over medium-voltage power lines. The company's goal is to use existing power lines as a way for telecommunications service providers to deliver broadband service. See complete list.
Amperion said Monday it received a $12.5 million first round of funding from American Electric Power, Redleaf Group and Cisco Systems.
Chelmsford, Mass.-based Amperion designs networking hardware and software that allows high-speed broadband data to be carried over medium-voltage power lines. The company's goal is to use existing power lines as a way for telecommunications service providers to deliver broadband service.
See complete list.