WiMAX access equipment vendor Telsima said it’s raised a mother lode of new funding--$50 million--from existing investors NewPath Ventures, New Enterprise Associates, CMEA Ventures, JAFCO Asia and other strategic investors.

The company, which is based in Santa Clara, Calif., with a large presence in India and elsewhere, has grown its customer base in India and Europe to include several Tier 1 operators, according to Telsima CEO Alok Sharma. This has happened over the last year and a half since receiving an initial $20 million in funding from those existing investors.

Mark Perry, General Partner, New Enterprise Associates, said of the company’s market opportunity, in a statement, “The opportunity in India alone is enormous, with estimates of up to one third of all WiMAX users concentrated in this one country. NEA is happy to continue its support of the leadership and market authority Telsima is demonstrating.”