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Resonext raises $25 million

Resonext Communications announced Monday that it raised a $25 million third round of funding, led by Invesco Private Capital and WK Technology Fund. Previous investors Norwest Venture Partners, Bessemer Capital and Oak Investment Partners also participated in the round. San Jose, Calif.-based Resonext has raised a total of $53.5 million. The company develops semiconductor products for wireless local area networks.

Resonext Communications announced Monday that it raised a $25 million third round of funding, led by Invesco Private Capital and WK Technology Fund. Previous investors Norwest Venture Partners, Bessemer Capital and Oak Investment Partners also participated in the round. San Jose, Calif.-based Resonext has raised a total of $53.5 million. The company develops semiconductor products for wireless local area networks.