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Paratek grabs $17 million in fourth round

Paratek Microwave raised $17 million in its fourth round of funding, the company announced Wednesday, bringing its total to $53 million. Previous investors Morgenthaler Ventures and Novak Biddle Venture Partners led the round, which included participation by other firms such as Investor AB and DB Capital Venture Partners. Founded in 1998, the Columbia, Md.-based company makes components and antennas for wireless equipment manufacturers and service providers. Paratek closed its $24 million third round of funding last year with contributions from Morgenthaler and Investor AB as well as J.P. Morgan Partners.

Paratek Microwave raised $17 million in its fourth round of funding, the company announced Wednesday, bringing its total to $53 million. Previous investors Morgenthaler Ventures and Novak Biddle Venture Partners led the round, which included participation by other firms such as Investor AB and DB Capital Venture Partners.

Founded in 1998, the Columbia, Md.-based company makes components and antennas for wireless equipment manufacturers and service providers. Paratek closed its $24 million third round of funding last year with contributions from Morgenthaler and Investor AB as well as J.P. Morgan Partners.