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TeleCIS Wireless secures $10 million in VC and strategic funding.(FINANCING)

TeleCIS Wireless Inc., a developer of WiMAX fixed, portable, and mobile broadband wireless chipset technology, announced that the company has secured $10 million in Series C funding, bringing the company's total funding to $18.7 million, excluding product revenues from its Wi-Fi designs. The Series C round was co-led by ATA Ventures of Redwood City, California, and an undisclosed strategic corporate investor.

This round of funding will support the upcoming launch of the company's WiMAX Fixed/Portable subscriber device chip as well as the development of the second TeleCI

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