Vanu Raises $32m, to Expand Indian Operations

Software radio infrastructure products vendor Vanu has raised $32 million in a new round for expanding its Indian operations.

Norwest Venture Partners led the latest round of funding, which included participation from previous investor Tata Capital and Charles River Ventures.

Vanu plans to use the money to support business development, marketing and integration activities in India.

The Cambridge, Massachusetts startup is also in the process of hiring more employees in India and signing strategic partnerships.

Vanu was founded in 1998 by Vanu Bose, son of the legendary Amar Bose of the Bose speakers fame. 

Vanu claims its software radio access network has been deployed by cellular operators in the U.S. and Canada and that evaluations are currently underway in India and other international markets.

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