ExteNet closes deal for equity finance

LISLE -- ExteNet Systems Inc., a network infrastructure company, announced Wednesday it has secured an additional $27.5 million of equity and debt financing. The new capital will be used to build distributed antenna system networks to meet the explosive demand for wireless voice, data and video services. Palomar Ventures joined this equity round along with existing investors Centennial Ventures, Sevin Rosen Funds, Columbia Capital and CenterPoint Ventures. Dallas-based Comerica Bank is providing the revolving credit facility, which represents an additional financial milestone for the company.