In September 2012 two companies providing high performance Wi-Fi solutions raised venture capital in two separate but almost identical deals:
- September 25, 2012 – Xirrus, headquartered in Thousand Oaks, CA, provider of high-performance wireless access, has closed a $23.5 million Series E financing round led by existing investors August Capital, Canaan Partners, InterWest Partners, QuestMark Partners, and US Venture Partners.
- September 27, 2012- Celeno Communications, Israel-based provider of high-performance Wi-Fi chips and software for HD multimedia and high-performance data home networking applications, has secured a $24 million series E round of funding from existing and new investors Cisco, Liberty Global, Greylock Partners, and Pitango Venture Capital, and Vintage Investment Partners.