Comcast Invests in BelAir Networks

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BelAir Networks said Wednesday that it has completed a series-C financing led by Comcast Interactive Capital and McLean Watson Capital.

Existing investors T-Mobile Venture Fund, JPMorgan Partners LLC, VenGrowth Capital Partners Inc. and BDC Venture Capital also participated in the financing round.

The vendor of scalable wide-area wireless-broadband solutions for metro-scale deployments also said CIC has joined its board of directors.

“BelAir's modular, carrier-class architecture and scalability are well-positioned to address the needs of multiple customer segments, including those of the cable market," CIC principal and new BelAir board member Deepak Sindwani said in a prepared statement.

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