Airvine, a Santa Clara, CA-based in-building network architecture company, raised $10M in Series A funding.
The round was led by Crosslink Capital with participation from existing investors. Michael Stark, the Founding Partner at Crosslink Capital, will be joining the Airvine Board of Directors.
The company intends to use the funds to ramp up sales, marketing, engineering, and manufacturing.
Led by CEO Vivek Ragavan, Airvine aims to develop a network architecture that addresses the dynamic nature of the modern enterprise. Their technology leverages the convergence of 60 GHz beamforming technology, with layer 2 switching, and software to create an agile and flexible solution. During the pilot testing phase, the company received interest from a wide variety of enterprise market verticals including hospitality, MDUs, warehousing, manufacturing, office buildings, and heritage buildings. WaveTunnel technology will become Generally Available in Q4 of this year.
FinSMEs
14/10/2022