PacketHop lands $10 million funding round
Mobile mesh-networking system developer PacketHop said it has received $10 million in its third financing round, which was led GF Private Equity Group. In addition, the company announced it has moved to expanded facilities in Redwood City, Calif., from its previous headquarters in Belmont, Calif.
The new capital will be used to bring the company’s PacketHop Communications System — which enables users to deploy extended Wi-Fi hot zones quickly, even in areas where infrastructure is lacking — to market. The first release of the software is optimized for public-safety and homeland-security agencies that must rapidly create incident-area communications networks, the company said.