Xirrus, Inc., a Thousand Oaks, CA-based company that manufacturers the Wi-Fi Array architecture providing bandwidth, security, and control to replace switched Ethernet to the desktop as the primary network connection, announced that it has secured an additional $20m in a financing round led by InterWest Partners.
All existing venture investors including August Capital, US Venture Partners, Canaan Partners, and QuestMark Partners participated in the round.
This financing round brings the total investment in the company to $80m. It is anticipated to be the last round of private funding Xirrus will require.
The company will use the new funds to strategically invest in partnerships with large integrators focused on making Wi-Fi the primary network connection for their customers.
Xirrus also announced the appointment of Khaled Nasr, Partner at InterWest Partners, to Xirrus’ board of directors.