Meru Networks lands $87 million for virtual wireless service | VentureBeat

DEALS.VENTUREBEAT.COM - Meru Networks, provider of a virtual wireless service that departs from typical hub-based service, has raised an additional $57 million to expand its fifth round of funding to $87 million (it closed $30 million from Vision Capital earlier this year), reports PE Hub. The recent financing came from existing backers Clearstone Venture Partners, NeoCarta Ventures, BlueStream Ventures, D.E. Shaw Group,...

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