Sonenshine Partners Advises Aperto Networks on Raising $20 Million in New Equity Financing
Company Press Release
April 2, 2008

New York, NY - Sonenshine Partners LLC today announced that it acted as financial advisor to Aperto Networks, a builder of WiMAX base stations and subscriber units, on securing $20 million of new equity funding. The financing round was led by Quicksilver Ventures and included participation from several of the existing investors including Gunn Allen Venture Partners, JK&B Capital, Canaan Partners, Alliance Ventures, Innovacom, JAFCO Ventures, and Labrador Ventures.

This new equity funding will allow Aperto Networks to be in a position to address multiple market segments through its fixed and mobile WiMAX portfolio. Aperto Networks’ PacketMAX family of products delivers the critical elements required to extend wireless broadband services to a wide range of users - ranging from governments, large enterprises and public-sector organizations to multi-tenet buildings and residences - using a single, standards-based platform.

About Aperto Networks

Aperto Networks helps service providers worldwide profitably deliver affordable wireless voice and broadband services by building the world’s most advanced fixed and mobile WiMAX Forum Certified base stations and subscriber units. Aperto fundamentally changes the economics of delivering voice and broadband services through IP-rich, point-to-point and point-to-multipoint networks, allowing carriers to offer a wider variety of services to more customers using less equipment. Its carrier-grade WiMAX technology offers industry-leading subscriber density, quality of service, ease of use, and reliability. Aperto is a founding board member of the WiMAX Forum, as well as a founder and lead contributor to IEEE 802.16 and the ETSI-BRAN standards. Serving more than 400 customers in 90 countries, Aperto Networks is based in Milpitas, California. For more information, visit www.apertonet.com.

Sonenshine Partners is a leading independent investment bank focused on providing integrated strategic, financial and corporate advisory services.  The firm was founded in 2000 and is headquartered in New York City.