Cloud-Based Networking Company Aerohive Networks Raises $25 Million
Founded in 2006, Aerohive Networks offers cloud-enabled, distributed Wi-Fi and routing products for enterprises and medium sized companies. Aerohive says that its controller-less Wi-Fi and cloud-based networking saves money for companies and provides better application performance.
The new funding will be used to expand the company’s sales and marketing capabilities and for future acquisitions. Aerohive recently acquired fellow competitor, cloud-based networking company Pareto Networks.