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Article: NextHop Technologies Increases Funding to $24.5 Million.
- Article from:
- PR Newswire
- Article date:
- December 7, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MOUNTAIN VIEW, Calif., Dec. 7 /PRNewswire/ -- NextHop Technologies(R) Inc., the definitive source for network software solutions, today announced that it has increased its funding, bringing the total amount raised to date to $24.5 million. The most recent financing was led by Duchossois Technology Partners, and included all of NextHop's previous investment partners: New Enterprise Associates, Labrador Ventures, and Parker Price Venture Capital.
"We are very excited about our investment in NextHop Technologies and share their vision of how the networking industry is evolving. In conjunction with this investment, we combined the wireless software from Legra ...