WiNetworks raises another $8mIsraeli WiMAX network technology developer WiNetworks has raised an additional $8 million in financing, which will be used to expand its Win-Max family of mobile WiMAX pico and compact base station products and to increase market penetration and deployments around the world. WiMAX systems are built according to the 802.16e mobile WiMAX Wave 2 (MIMO) standard. Base stations are designed for quick and easy installations, using all outdoor fixtures for installations such as walls, poles and buildings. Investors in WiNetworks include Rho Management, Columbia Capital, Cedar Fund and Evergreen Capital Partners.