WiMAX system and CPE supplier Aperto Networks announced that it has completed a Series E follow-on financing round in which it raised $26 million from several investors, including new investor GunnAllen Venture Partners.

The company said its total capitalization now stands at $120 million. GunnAllen led the round, along with existing investors including JK&B Capital, Canaan Partners, Alliance Ventures, Innovacom, JAFCO and Labrador Ventures.

"Aperto Networks remains the best positioned WiMAX pure play," said Mark Solovy, managing director of GunnAllen Venture Partners, in a statement.

Aperto CEO Reza Ahy said the additional funding will propel further market rollout of the vendor's Fixed WiMAX system, as well as development of next-generation Mobile WiMAX gear. Since earning certification for its PacketMax system from the WiMAX Forum in January; the vendor has won several deployment deals in Eastern Europe, Pakistan, India and Southeast Asia; has opened a new development center in India and has moved to a new headquarters in Milpitas, Calif. Also, at the CTIA's Wireless 2006 trade show last week, Aperto announced an OEM partnership supporting ADC's WiMAX strategy.