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EKAHAU SECURES $16 MILLION IN ADDITIONAL FUNDING.
(Full text of a statement. Contact details below.)
SARATOGA, Calif., Oct. 31 /PRNewswire - AsiaNet/ --
Wi-Fi RTLS and Software Tools Maker Attracts New Funding for Worldwide Expansion from a Syndicate of International Investors
Ekahau Inc., today announced that it has attracted a total of $16 million in financing in 2006, including $12 million in Series B equity funding and $4 million of venture loans and government funding.
New investors include several large international investors, with founding investor Nexit Ventures participating.
This funding will allow the company to continue its aggressive growth and international expansion in the Wi-Fi RTLS (Real Time Location System) and Wi-Fi tools markets.
Ekahau provides wireless enterprise solutions across multiple industry segments to improve enterprise asset utilization, process workflows and employee safety and security.
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- Ekahau Secures US$16 Million in Additional Funding.
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Wi-Fi RTLS and Software Tools...PRNewswire/ -- Ekahau Inc., today announced...expansion in the Wi-Fi RTLS (Real Time Location...Fi tools markets. Ekahau provides wireless...momentum of the Wi-Fi RTLS market and Ekahau is a technology leader...