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Article: Dust Networks Secures $22 Million in Series B Financing to Meet the Demand for Wireless Sensor Networks; Crescendo Ventures Leads the Round With New Investment From Cargill Ventures.
- Article from:
- PR Newswire
- Article date:
- February 3, 2005
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BERKELEY, Calif., Feb. 3 /PRNewswire/ -- Dust Networks(TM), (http://www.dustnetworks.com/), the leading provider of enterprise-class low-power wireless mesh networking systems, today announced that it has completed a $22 million round of equity funding led by Crescendo Ventures. Cargill Ventures participated in this series B round, along with existing investors Foundation Capital and Institutional Ventures Partners. This new funding, which brings Dust Networks' total investment to-date to $30 million, comes after a recent product launch and successful customer trials.
"Dust Networks has a breakthrough technology in a compelling market space," said John ...