CommsDesign - Broadband access gear maker Actelis raises a further $23 million

LONDON — Broadband access equipment maker Actelis Networks has completed a $23 million Series D funding round, bringing the total venture capital raised by the Fremont, California based company to nearly $ 100 million.

In addition to strengthening carrier alliances, the additional capital will be used to extend worldwide sales and deployments of Actelis' high-speed access systems.

These enable service providers and private network operators to use the existing copper infrastructure to deploy ultra fast broadband on demand at distances up to 18kft (5.5km) and beyond from central offices or remote terminals.