Aerohive Network Raises $ 25 M of Series D Funding
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Sunnyvale, California – Aerohive Networks, a provider of controller-less Wi-Fi and cloud-enabled networking has raised $25 M of series D funding. New Enterprise Associates Inc. (NEA) led the venture capital funding and was backed by existing investors Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, and Northern Light Venture Capital .
The new funding will be used to expand the company’s sales and marketing capabilities throughout the world and for future product/company acquisitions and/or the ability to enter into new markets.
Funding Total: $25,000,000
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|Investors: New Enterprise Associates , Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Northern Light Venture Capital|