SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 4)*

Proxim Wireless Corporation

(Name of Issuer)

Common Stock, $0.01 par value per share

(Title of Class of Securities)

88077B 10 8

(CUSIP Number)

December 31, 2008

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No.		88077B 10	13G	Page		2		of		18 Pages


1	NAMES OF REPORTING PERSONS Mobius Technology Ventures VI, L.P. (“MTV”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			281,856

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			281,856

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	281,856

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	1.2%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		3		of		18 Pages


1	NAMES OF REPORTING PERSONS Mobius Technology Ventures Advisors Fund VI, L.P. (“MTAF”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			11,051

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			11,051

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	11,051

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	0.05%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		4		of		18 Pages


1	NAMES OF REPORTING PERSONS Mobius Technology Ventures Side Fund VI, L.P. (“MTSF”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			11,464

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			11,464

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	11,464

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	0.05%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		5		of		18 Pages


1	NAMES OF REPORTING PERSONS SOFTBANK US Ventures VI, L.P. (“SBUSV”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			302,104

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			302,104

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	302,104

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	1.3%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		6		of		18 Pages


1	NAMES OF REPORTING PERSONS Mobius VI LLC (“Mobius”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			606,475

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			606,475

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	606,475

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	2.6%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		7		of		18 Pages


1	NAMES OF REPORTING PERSONS SOFTBANK Technology Ventures Advisors Fund V, L.P. (“SBTAF”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			30,262

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			30,262

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	30,262

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	0.1%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		8		of		18 Pages


1	NAMES OF REPORTING PERSONS SOFTBANK Technology Entrepreneurs Fund V, L.P. (“SBTEF”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			19,800

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			19,800

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	19,800

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	0.1%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		9		of		18 Pages


1	NAMES OF REPORTING PERSONS SOFTBANK Technology Ventures V, L.P. (“SB Tech”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			1,099,010

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			1,099,010

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	1,099,010

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	4.7%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		10		of		18 Pages


1	NAMES OF REPORTING PERSONS SBTV V LLC (“SBTV”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	Delaware

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			1,149,072

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			1,149,072

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	1,149,072

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	4.9%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	PN


CUSIP No.		88077B 10	13G	Page		11		of		18 Pages


1	NAMES OF REPORTING PERSONS Bradley A. Feld (“BAF”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			1,705,485

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			1,705,485

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	1,705,485

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	7.3%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN


CUSIP No.		88077B 10	13G	Page		12		of		18 Pages


1	NAMES OF REPORTING PERSONS Jason A. Mendelson (“JAM”)


2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
	(a) o
	(b) o

3	SEC USE ONLY



4	CITIZENSHIP OR PLACE OF ORGANIZATION

	United States

		5	SOLE VOTING POWER

NUMBER OF			0

SHARES		6	SHARED VOTING POWER
BENEFICIALLY
OWNED BY			606,475

EACH		7	SOLE DISPOSITIVE POWER
REPORTING
PERSON			0

WITH:		8	SHARED DISPOSITIVE POWER

			606,475

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

	606,475

10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)

	o

11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

	2.6%

12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)

	IN

Item 1(a). Name of Issuer:

Proxim Wireless Corporation

Item 1(b). Address of Issuer’s Principal Executive Offices:

2115 O’Nel Drive
San Jose, CA 95131

Item 2(a). Name of Person Filing:

Mobius Technology Ventures VI, L.P. (“MTV”)
Mobius Technology Ventures Side Fund VI, L.P. (“MTSF”)
Mobius Technology Ventures Advisors Fund VI, L.P. (“MTAF”)
SOFTBANK U.S. Ventures VI, L.P. (“SBUSV”)
Mobius VI LLC (“Mobius”)
SOFTBANK Technology Ventures V, L.P. (“SB Tech”)
SOFTBANK Technology Ventures Advisors Fund V, L.P. (“SBTAF”)
SOFTBANK Technology Entrepreneurs Fund V, L.P. (“SBTEF”)
SBTV V LLC (“SBTV”)
Bradley A. Feld (“BAF”)
Jason A. Mendelson (“JAM”)

Item 2(b). Address of Principal Business Office or, if none, Residence:

1050 Walnut Street, Suite 210
Boulder, CO 80302

Item 2(c). Citizenship:


		MTV:		Delaware
		MTSF:		Delaware
		MTAF:		Delaware
		SBUSV:		Delaware
		Mobius:		Delaware
		SB Tech:		Delaware
		SBTAF:		Delaware
		SBTEF:		Delaware
		SBTV:		Delaware
		BAF:		United States
		JAM:		United Stated

Item 2(d). Title of Class of Securities:

Common Stock, $0.01 par value per share

Item 2(e). CUSIP Number:

88077B 10 8

Item 3. If this statement is filed pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a:

Not applicable.

Page 13 of 18 Pages

Item 4. Ownership

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.


						Sole Power		Shares Power		Sole Power to		Shared Power
	Amount					to Vote or to		to Vote or to		Dispose or to		to Dispose or
	Beneficially					Direct the		Direct the		Direct the		to Direct the
	Owned		% of Class			Vote		Vote		Disposition of		Disposition of
MTV (1)		281,856		1.2	%		0		281,856		0		281,856
MTSF (2)		11,464		0.05	%		0		11,464		0		11,464
MTAF (3)		11,051		0.05	%		0		11,051		0		11,051
SBUSV (4)		302,104		1.3	%		0		302,104		0		302,104
Mobius (5)		606,475		2.6	%		0		606,475		0		606,475
SB Tech (6)		1,099,010		4.5	%		0		1,099,010		0		1,099,010
SBTAF (7)		30,262		0.1	%		0		30,262		0		30,262
SBTEF (8)		19,800		0.1	%		0		19,800		0		19,800
SBTV (9)		1,149,072		4.7	%		0		1,149,072		0		1,149,072
BAF (10)		1,705,485		7.3	%		0		1,705,485		0		1,705,485
JAM (11)		606,475		2.6	%		0		606,475		0		606,475


(1)		Listed shares held of record by MTV. MTV has shared voting and dispositive power with respect to such shares with (i) Mobius, as general partner of MTV, and (ii) BAF and JAM, as managing members of Mobius.

(2)		Listed shares held of record by MTSF. MTSF has shared voting and dispositive power with respect to such shares with (i) Mobius, as general partner of MTSF, and (ii) BAF and JAM, as managing members of Mobius.

(3)		Listed shares held of record by MTAF. MTAF has shared voting and dispositive power with respect to such shares with (i) Mobius, as general partner of MTAF, and (ii) BAF and JAM, as managing members of Mobius.

(4)		Listed shares held of record by SBUSV. SBUSV has shared voting and dispositive power with respect to such shares with (i) Mobius, as general partner of SBUSV, and (ii) BAF and JAM, as managing members of Mobius.

(5)		Mobius has shared voting and dispositive power with respect to the listed shares with (i) each of the venture capital funds listed in footnotes (1), (2), (3) and (4) above, as applicable, and (ii) BAF and JAM, as managing members of Mobius.

(6)		Listed shares held of record by SB Tech. SB Tech has shared voting and dispositive power with respect to such shares with (i) SBTV, as general partner of SB Tech, and (ii) BAF as managing member of SBTV.

(7)		Listed shares held of record by SBTAF. SBTAF has shared voting and dispositive power with respect to such shares with (i) SBTV, as general partner of SBTAF, and (ii) BAF as managing member of SBTV.

(8)		Listed shares held of record by SBTEF. SBTEF has shared voting and dispositive power with respect to such shares with (i) SBTV, as general partner of SBTEF, and (ii) BAF as managing member of SBTV.

Page 14 of 18 Pages


(9)		SBTV has shared voting and dispositive power with respect to the listed shares with (i) each of the venture capital funds listed in footnotes (6), (7), and (8) above, as applicable, and (ii) BAF as managing member of SBTV.

(10)		Has shared voting and dispositive power with respect to the listed shares with (i) each of the venture capital funds listed in footnotes (1), (2), (3), (4), (6), (7) and (8) above, as applicable, (ii) Mobius and SBTV, and (iii) the other managing members of Mobius and SBTV.

(11)		Has shared voting and dispositive power with respect to the listed shares with (i) each of the venture capital funds listed in footnotes (1), (2), (3), and (4) above, as applicable, (ii) Mobius, and (iii) the other managing members of Mobius.

Item 5. Ownership of 5 Percent or Less of a Class

Not applicable.

Item 6. Ownership of More than 5 Percent on Behalf of Another Person

Not applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Not applicable.

Item 8. Identification and Classification of Members of the Group

Not applicable.

Item 9. Notice of Dissolution of a Group

Not applicable.

Page 15 of 18 Pages

Item 10. Certification

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.


		Date: February 17, 2009

		SOFTBANK Technology Ventures V, L.P.

		By:		SBTV V LLC
				its general partner

		By:		/s/ Jason A. Mendelson
				Name: Jason A. Mendelson
				Title: General Counsel

		SOFTBANK Technology Advisors Fund V, L.P.

		By:		SBTV V LLC
				its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: General Counsel

		SOFTBANK Technology Entrepreneurs Fund V, L.P.

		By:		SBTV V LLC
				its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: General Counsel

		SBTV V LLC
		its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: General Counsel

Page 16 of 18 Pages


		MOBIUS Technology Ventures VI, L.P.

		By:		Mobius VI LLC
				its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: Managing Director and General Counsel

		MOBIUS Technology Ventures
		Advisors Fund VI, L.P.

		By:		Mobius VI LLC
				its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: Managing Director and General Counsel

		MOBIUS Technology Ventures Side Fund VI, L.P.

		By:		Mobius VI LLC
				its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: Managing Director and General Counsel

		SOFTBANK U.S. Ventures VI, L.P.

		By:		Mobius VI LLC
				its general partner

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: Managing Director and General Counsel

		MOBIUS VI, LLC

		By:		/s/ Jason A. Mendelson

				Name: Jason A. Mendelson
				Title: Managing Director and General Counsel

Page 17 of 18 Pages


		Bradley A. Feld

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson
				Title: Attorney-in-fact / authorized
				signatory for SEC Filings*

		Jason A. Mendelson

		By:		/s/ Jason A. Mendelson Name: Jason A. Mendelson


*		Power of attorney granted pursuant to general authorization letters filed with the Commission via certified mail dated March 16, 2001.

Page 18 of 18 Pages

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

PROXIM WIRELESS CORP SC 13G/A