Stoke, Inc., a Santa Clara CA-based provider of Mobile Broadband solutions, has received a US$5m strategic investment from Samsung Venture Investment Corporation.
The investment aims to support the company’s growth in the worldwide LTE market.
Led by Vikash Varma, President and CEO, Stoke delivers gateway solutions that enable mobile operators to manage traffic growth and increase the efficiency, reliability, and scope of mobile data services.
It is backed by venture capital firms and carriers including Kleiner Perkins Caufield & Byers, Sequoia Capital, Focus Ventures, and NTT Docomo.
FinSMEs
18/07/2012