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NextG Networks Files for IPO

NextG Networks Inc., a San Jose, Calif.-based provider of wireless infrastructure solutions, has filed for a $150 million IPO. It plans to trade on the Nasdaq under ticker symbol NXTG, with Merrill Lynch and Lehman Brothers serving as co-lead underwriters.


The company has raised over $64 million in VC funding, from firms like Oak Investment Partners (26.9%) and Gabriel Venture Partners (14.5%).