SkyCross Receives $2M

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Summary

MELBOURNE, Fla -- SkyCross, a leading developer of advanced wireless antenna solutions, announced that that it received a $2 million investment from Gabriel Venture Partners this month. Gabriel is an esteemed investment firm that specializes technical sectors such as wireless technology. This investment comes in the wake of SkyCross partnership with SK Telecom and its continued success in the wireless market place. SkyCross will use the funding to accelerate the growth of its design and production capabilities while continuing to expand in global markets. "There is great potential in the high performance antenna industry as wireless mobile devices continue to flourish," said Dr. Chris Morton, CEO of SkyCross.

$ Funding

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Amount $2.0M Total raised
Date August 17, 2004 Announcement date
Investors GABRIEL VENTURES LTD Lead investors
Company http://www.skycross.com Funded company

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