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Xirrus, a provider of enterprise Wi-Fi, announced this week that it has secured an additional $20 million in funding in a financing round led by InterWest Partners. The latest round brings the total investment to $80 million, which Xirrus says it will use to bolster its reserves and invest in partnerships.
"Times have changed since my last technology venture," said Dirk Gates, founder and CEO of Xirrus. "Xirrius has reached critical mass and significant customer traction with far less fanfare, yet far more substance than venture-backed companies during the 1990s."
According to a TechCrunch report, Xirrus aims to replace Ethernet in the enteprise, which will help businesses lower their setup and usage costs for corporate networks.
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