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approximately $575 million in funding from investors such as Softbank, Mobius Venture Capital and Oakhill Venture Partners. AT&T and Lucent backed this attempt. The work ultimately failed, and the company was purchased in 2004 for $52 million (excluding warrants and options) by Falls Church, Virginia-based YDI, effective June 22, 2004, and used the name Terabeam for the new entity. On September 4, 2007, Terabeam (then headquartered in San Jose, California) announced it would change its name to Proxim Wireless Corporation, and change its NASDAQ

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