Thursday, February 21, 2013

Xirrus Raises $10.1M More

Xirrus, the wireless hardware provider based in Thousand Oaks, has just raised $10.1M in a funding round, part of an ongoing $11.0M funding, according to a regulatory filing by the company. Details on the funding have not yet been announced by the company. Xirrus, which is backed by August Capital, Canaan Partners, InterWest Partners, QuestMark Partners, and US Venture Partners, last announced a funding round back in September. The regulatory filing said that Xirrus will be using the new funds for working capital.

Xirrus develops wireless hotspot equipment which is particularly useful for high density and high performance networks, including both corporate networks, large campuses, conference centers, schools, and other locations.

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