Monday, October 9, 2006

Ruckus Gets $16M In Strategic Round

Sunnyvale-based Ruckus Wireless has landed $16M in a strategic funding, the firm announced today. The investment came from Motorola Ventures, which led the round, along with T-Online Venture Fund, Firelake Capital Management, and others. Existing investors Sequoia Capital, Sutter Hill Ventures, Investor AB and WK Technology Fund also participated. Ruckus is developing Wi-Fi home networking products. The round brings the company's total raised to $30M. More information »