Aerohive Buzzes with $25M Series D

Sunnyvale, CA-based Aerohive said yesterday that it has collected $25 million in a Series D financing round let by new investor New Enterprise Associates (NEA). Existing investors Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, and Northern Light Venture Capital were also on board. The company makes wireless access points for local Wi-Fi networking in schools, hospitals, factories, and large businesses that self-organize into “hives,” eliminating the need for central controllers. The five-year-old company, which acquired Pareto Networks in January, said it will use the funds “to expand the company’s sales and marketing capabilities throughout the world and for future product/company acquisitions and/or the ability to enter into new markets.”

Author: Wade Roush

Between 2007 and 2014, I was a staff editor for Xconomy in Boston and San Francisco. Since 2008 I've been writing a weekly opinion/review column called VOX: The Voice of Xperience. (From 2008 to 2013 the column was known as World Wide Wade.) I've been writing about science and technology professionally since 1994. Before joining Xconomy in 2007, I was a staff member at MIT’s Technology Review from 2001 to 2006, serving as senior editor, San Francisco bureau chief, and executive editor of TechnologyReview.com. Before that, I was the Boston bureau reporter for Science, managing editor of supercomputing publications at NASA Ames Research Center, and Web editor at e-book pioneer NuvoMedia. I have a B.A. in the history of science from Harvard College and a PhD in the history and social study of science and technology from MIT. I've published articles in Science, Technology Review, IEEE Spectrum, Encyclopaedia Brittanica, Technology and Culture, Alaska Airlines Magazine, and World Business, and I've been a guest of NPR, CNN, CNBC, NECN, WGBH and the PBS NewsHour. I'm a frequent conference participant and enjoy opportunities to moderate panel discussions and on-stage chats. My personal site: waderoush.com My social media coordinates: Twitter: @wroush Facebook: facebook.com/wade.roush LinkedIn: linkedin.com/in/waderoush Google+ : google.com/+WadeRoush YouTube: youtube.com/wroush1967 Flickr: flickr.com/photos/wroush/ Pinterest: pinterest.com/waderoush/