Aerohive Networks Secures $75,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=2e96d4c7-fe66-4b84-9cbb-dca9e3a2ee19
Date
3/28/2014
Company Name
Aerohive Networks
Mailing Address
330 Gibraltar Dr. Sunnyvale, CA 94089 USA
Company Description
Aerohive Networks (NYSE: HIVE) 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
IPO
Transaction Amount
$75,000,000
Transaction Round
Undisclosed
Proceeds Purposes
Proceeds purposes are on file with company statements at the SEC.
M&A Terms