Alantro Communications Announces Financing from Cisco Systems, VantagePoint Venture Partners.SANTA ROSA Santa Rosa, city, Argentina Santa Rosa, city (1991 pop. 80,629), capital of La Pampa prov., central Argentina. It is a modern city and road junction surrounded by a rich agricultural and cattle-raising area. , Calif.--(BUSINESS WIRE)--Sept. 24, 1999-- Alantro Communications, a company specializing in high-speed, high-performing physical-layer communications technology Noun 1. communications technology - the activity of designing and constructing and maintaining communication systems engineering, technology - the practical application of science to commerce or industry , today announced that it has received a $6.0 million investment from VantagePoint Venture Partners and Cisco Systems, led by VantagePoint Venture Partners. Matt Ocko, a VantagePoint partner, will be joining Alantro's Board of Directors. "We're very excited to now have the capitalization to move our plans forward," stated Chris Heegard, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Alantro Communications. "The support of these well-respected strategic partners demonstrates the viability of Alantro's wireless LAN technology." Alantro's technology was adopted as the high-performance option for the newly ratified IEEE (Institute of Electrical and Electronics Engineers, New York, www.ieee.org) A membership organization that includes engineers, scientists and students in electronics and allied fields. 802.11 High-Rate 11Mbps wireless LAN standard. This new high-speed wireless LAN standard enables robust network connections at speeds necessary for general-purpose business and home applications. Alantro Communications also recently joined WECA See Wi-Fi Alliance. (Wireless Ethernet Compatibility Alliance) to promote IEEE 802.11 wireless LAN interoperability. About Alantro Communications Alantro Communications specializes in high-performance, physical-layer communications technology. Founded in Santa Rosa, California Santa Rosa is the county seat of Sonoma County, California, USA. As of January 1 2007, the population of Santa Rosa was approximately 157,985 residents. Santa Rosa is the largest city in California's Wine Country and fifth largest city in the San Francisco Bay Area, after San in 1997, Alantro Communications is currently developing extremely efficient, IEEE 802.11 compliant, wireless LAN technology with advanced performance and high-speed capabilities. Alantro Communications has unique expertise in existing and emerging forward error control (FEC See forward error correction. FEC - Forward Error Correction ) and modulation/demodulation technology. Alantro also specializes in Turbo Coding, a next-generation, very high-performance FEC methodology. About VantagePoint Venture Partners VantagePoint Venture Partners, with offices in Silicon Valley and Stamford, Connecticut, manages over $825 million for CEOs and founders of premier technology companies, as well as world-class institutional investors. VantagePoint targets fast-growth technology companies which are at the forefront of technological innovation in their respective industries. VantagePoint's principals have financed and assisted more than 200 top tier technology companies over the past fifteen years. |
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