Ruckus Wireless Obtains $2,170,000 New Funding

  • Feed Type
  • Date
    2/28/2012
  • Company Name
    Ruckus Wireless
  • Mailing Address
    880 West Maude Avenue Sunnyvale, CA 94085
  • Company Description
    Ruckus Wireless is a wireless equipment supplier focused on the next generation of home networking. The Company is credited with developing the world’s first in-home wireless multimedia system, MediaFlex, which it introduced in October of 2005.
  • Website
    http://www.ruckuswireless.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,170,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Ruckus will use the proceeds to expand and fund future growth into the explosive carrier mobile Internet infrastructure market as well as to bolster its rising position in the enterprise wireless LAN market.
  • M&A Terms
  • Venture Investor
    Meritech Capital Partners
  • Venture Investor
    SingTel Innov8
  • Venture Investor
    Undisclosed