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In the News Archive

RECENT FUNDINGS

August 10, 2005

PacketHop, a developer of mobile mesh networking software and multimedia applications for instant wireless group communications, raised $10 million in a third round of venture funding. This round was led by GF Private Equity Group, along with previous investors including U.S. Venture Partners, Mayfield and ComVentures. This brings total venture funding in the company to $25 million.

PacketHop is developing software designed to enable standard WiFi-equipped laptops, PDAs and other wireless devices to form networks with which to share messages, photos, videos and other location data. With the technology, emergency workers at a disaster site can ``set up a network on the fly without the need for infrastructure,'' the start-up's chief executive, Michael Howse, told Technology Review.

The company also announced that it relocated its headquarters from Belmont to Redwood City.