Agito Raises $13 million for its RoamAnywhere Mobility Router
http://www.convergedigest.com/Silicon/siliconartic [2008-7-10]
Tag : Fuse Carriers
Agito Raises $13 million for its RoamAnywhere Mobility Router
Agito Networks, a start-up based in Sunnyvale, California, raisedapproximately $13 million in second round funding for its"RoamAnywhere" Mobility Router. Agito's business mobile convergenceplatform uses RF-based, location-aware technologies to mobilizevoice over 802.11 wireless LANs (VoWLAN) and data applications,while remaining agnostic to enterprise customers' choices of mobilecarriers.
Agito supports leading IP-PBX and WLAN equipment vendors to fuse802.11 wireless LANs, enterprise IP telephony, and the carriercellular network. The company said its patent-pending technologyensures that in-building calls stay on the enterprise WLAN (usingVoWLAN), to reduce cellular expenses and eliminate dropped or poorquality calls.
Castile Ventures led the investment round, with ITX InternationalHoldings Inc. also participating, and original investor BatteryVentures increasing its investment as well. The company alsoannounced today that it has named David Leonard, former vicepresident and general manager of the Cisco Wireless NetworkingBusiness Unit and Desktop Switching Business Unit, as the ExecutiveChairman of Agito's Board of Directors. While at Cisco, Mr. Leonardhelped grow its wireless and Ethernet product lines to the numberone industry ranking in their respective markets.
Agito Raises $13 million for its RoamAnywhere Mobility Router
Agito Networks, a start-up based in Sunnyvale, California, raisedapproximately $13 million in second round funding for its"RoamAnywhere" Mobility Router. Agito's business mobile convergenceplatform uses RF-based, location-aware technologies to mobilizevoice over 802.11 wireless LANs (VoWLAN) and data applications,while remaining agnostic to enterprise customers' choices of mobilecarriers.
Agito supports leading IP-PBX and WLAN equipment vendors to fuse802.11 wireless LANs, enterprise IP telephony, and the carriercellular network. The company said its patent-pending technologyensures that in-building calls stay on the enterprise WLAN (usingVoWLAN), to reduce cellular expenses and eliminate dropped or poorquality calls.
Castile Ventures led the investment round, with ITX InternationalHoldings Inc. also participating, and original investor BatteryVentures increasing its investment as well. The company alsoannounced today that it has named David Leonard, former vicepresident and general manager of the Cisco Wireless NetworkingBusiness Unit and Desktop Switching Business Unit, as the ExecutiveChairman of Agito's Board of Directors. While at Cisco, Mr. Leonardhelped grow its wireless and Ethernet product lines to the numberone industry ranking in their respective markets.
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