SANTA CLARA (WiMAX Day). BridgeWave Communications announced that it has received an investment of USD 10 million in a Series 4 round of funding led by Intel Capital and Core Capital. The chip-maker joins original investors Cipio Partners, SDL Ventures, and Merifin Capital. BridgeWave intends to expand its giagbit wireless business for WiMAX 4G. “As WiMAX deployments continue to gain momentum, there needs to be a major push to expand backhaul capacity in order to support high bandwidth requirements, particularly in high-density metro areas,” said Sriram Viswanathan, director, Mobility Sector, Intel Capital.