Monday, June 22, 2009

AirGain Gets $1.875M

Carlsbad-based AirGain, a developer of high performance, smart antennas for the Wi-Fi and MIMO parket, has raised nearly $1.875M out of an ongoing, $3.75M funding round, according to a regulatory filing from the firm last week. The round includes equity plus warrants, and first money in the funding was received on June 2nd. No details on the funding round have been released by the firm. AirGain has previously received funding from GEN3 Capital and Northwater Capital; representatives from both those firms remain on the company's board. More information »

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