Extricom Ltd. Garners $12,000,000 Series C Funding Round
Feed Type
Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=eefde803-b4df-463f-9b71-1ac11633657f&Preview=1
Date 10/26/2006
Company Name Extricom Ltd.
Mailing Address 48 Wall Street 11th Floor New York, NY 10005
Company Description Extricom is wireless-LAN (WLAN) company, founded in June 2002. Extricom’s R&D group and headquarters are in located in Herzlia, Israel, and its marketing and business development offices are located in California. Extricom has developed a new, break-away WLAN architecture for the enterprise that eliminates the coverage and capacity limitations of traditional WLAN architectures, and the need for cell-planning and site surveys.
Proceeds Purposes The new investment willsupport Extricom’s continued global expansion and strengthen the company’ssales and customer support efforts through a growing network of partnersand resellers.
M&A Terms
Venture Investor Belden CDT
Venture Investor Motorola Solutions Venture Capital