Tuesday, June 3, 2008

Ekahau Locates $10M For Wi-Fi Software

Saratoga-based Ekahau, a developer of wireless network management software, has raised $10M in a round of funding, the firm's lead investor, Nexit Ventures, said today. Nexit Ventures said that Ekahau--which also has major operations in Finland--also include investments from the Finnish Industry Investment Ltd, Sampo Group, and other private investors. Ekahau develops technology for locating people and assets over enterprise Wi-Fi networks. The firm is primarily focused on the healthcare market with additional applications in automotive, logistics, mining, and security. More information »