Tuesday, April 21, 2009

Stoke Gains $15M

Santa Clara-based Stoke, a manufacturer of fixed mobile broadband gateways, said this morning that it has raised another $15M in a Series D funding round. According to the firm, the new round came from Net One Systems Co. Ltd, along with existing investors Reliance Technology Ventures Limited, DAG Ventures, Integral Capital Partners, Pilot House Ventures, Sequoia Capital, and Kleiner Perkins Caufield & Byers. The new funding brings the company's total raised to $65M. According to Stoke, the new funding will go to support its installed base and commercial carrier trials of its hardware. More information »