ADELAIDE, Australia-Cohda Wireless Pty. Ltd., a public-safety and municipal wireless technology developer, said it raised $1.8 million in its first round of venture funding.
Cohda said it plans to use the funds in its efforts to commercially launch its technology and to expand operations in the United States. The company hopes to raise between $5 million and $8 million in a new round of funding later this year.
Cohda said its technology enhances mobile broadband wireless performance with advanced digital signal processing techniques to overcome limitations of 802.11, 802.16 and 802.20 networks. The technology is scheduled for launch during the third quarter.
The company’s announcement comes as a variety of cities are building municipal Wi-Fi networks.
