Monday, August 28, 2006

Trapeze Finds $30M

Pleasanton-based Trapeze Networks has raised $30M, the firm said today. The Series D funding included strategic investments from Juniper Networks and other network vendors. Other investors included Oak Investment Partners, Accel Partners, Redpoint Ventures, DAG, and Castille. Trapeze is a provider of wireless WLAN systems. The funding will be used for go-to-market channel programs, geographic expansion, and expanded product development. More information »