Sunday, June 29, 2008

Agito Raises $13 million for its RoamAnywhere Mobility Router

Agito Networks, a start-up based in Sunnyvale, California, raised approximately $13 million in second round funding for its "RoamAnywhere" Mobility Router. Agito's business mobile convergence platform uses RF-based, location-aware technologies to mobilize voice over 802.11 wireless LANs (VoWLAN) and data applications, while remaining agnostic to enterprise customers' choices of mobile carriers.

Agito supports leading IP-PBX and WLAN equipment vendors to fuse 802.11 wireless LANs, enterprise IP telephony, and the carrier cellular network. The company said its patent-pending technology ensures that in-building calls stay on the enterprise WLAN (using VoWLAN), to reduce cellular expenses and eliminate dropped or poor quality calls.

Castile Ventures led the investment round, with ITX International Holdings Inc. also participating, and original investor Battery Ventures increasing its investment as well. The company also announced today that it has named David Leonard, former vice president and general manager of the Cisco Wireless Networking Business Unit and Desktop Switching Business Unit, as the Executive Chairman of Agito's Board of Directors. While at Cisco, Mr. Leonard helped grow its wireless and Ethernet product lines to the number one industry ranking in their respective markets.

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