FHP Wireless, a start-up based in San Mateo, California, secured $8.3 million in third round funding for its solutions aimed at metro-scale Wi-Fi networks. FHP Wireless is layering intelligence on top of Wi-Fi to create a new class of Wi-Fi cell products. Wi-Fi cells self-organize and intelligently forward information from one to another until the data reaches a device with a wired connection to the Internet. The FHP system allows the creation of Wi-Fi hot zones in which some nodes do not require a wired connection. The company said its designs can grow to metro-scale networks. The latest financing was led by Voyager Capital and included investments from all previous investors including Benchmark Capital, Boston Millennia Partners and Hanna Ventures. FHP Wireless has raised $13.5 million to date.
http://www.fhpwireless.com
Sunday, February 2, 2003
FHP Wireless Secures $8.3 Million for Metro Scale Wi-Fi
Sunday, February 02, 2003