CesiumAstro snags $12.4 mln Series A

Austin-based CesiumAstro Inc, a maker of high-performance multi-beam active phased array communication systems for space and airborne platforms, has secured $12.4 million in Series A funding. Airbus Ventures led the round with participation from other investors that included Kleiner Perkins, Franklin Templeton Venture Fund, Lavrock Ventures, Honeywell Ventures and Analog Devices Ventures.

Source: Press Release