Aerohive Networks Receives $9,999,993 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=13d527a5-31ab-4889-8e1d-90b3876d4772
Date
7/9/2013
Company Name
Aerohive Networks
Mailing Address
330 Gibraltar Dr. Sunnyvale, CA 94089
Company Description
Aerohive Networks is pioneering a next-generation enterprise wireless LAN architecture. Aerohive’s cooperative control wireless LAN architecture eliminates wireless LAN controllers, providing all the management, mobility, and security of controller-based architectures without the cost, capacity, performance and availability issues associated with controller deployments.
Website
http://www.aerohive.com
Transaction Type
Venture Equity
Transaction Amount
$9,999,993
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes were not disclosed. SEC regulatory filing.
M&A Terms
Venture Investor
Undisclosed