Following the previous announcement of $15,6m in series B for Firetide, Packethop has also announced 2 days ago a $10m series B financing.
From their press release:
"BELMONT, CA (August 10, 2004) – PacketHop, Inc., a leader in secure mobile mesh broadband communications, today announced it has secured $10 million in a Series B round of financing, led by ComVentures, a preeminent venture capital firm specializing in next-generation communication technology investments. The round also includes the participation of existing investors U.S. Venture Partners and Mayfield. PacketHop will leverage the capital infusion to fuel company growth and prepare for the commercial launch of its secure mobile mesh networking products, initially targeting the $11 billion homeland security market."
"The complete PacketHop software solution is quickly and easily loaded onto virtually any standard IP radio-equipped device such as commercial off-the-shelf laptops, tablets and PDAs. Devices enabled with PacketHop software can work together seamlessly and instantly to form a secure, scaleable and robust mobile broadband network. PacketHop’s mobile mesh network does not require fixed network infrastructure such as base stations or access points to provide communications between devices. When fixed infrastructure is available, it is an additional resource utilized by the mobile mesh network to connect to a network backbone when necessary."
Anyone has used a mesh network apparel at home yet ? Shouldn't be too long when those show up, as it would solve the issues of extending home wireless networks and ease that mass market configuration pain.
