Headquartered in Silicon Valley, Ruckus Wireless is supplier of advanced wireless systems for the explosive mobile Internetworking market. The company markets and manufactures a wide range of indoor and outdoor 'Smart Wi-Fi' products for mobile operators, broadband service providers, and corporate enterprises around the world. Ranked as the top telecom company by Inc. Magazine and named a World Economic Forum Technology Pioneer, Ruckus invented and has patented state-of-the-art wireless technology, such as adaptive antenna arrays that focus and direct Wi-Fi transmissions over the best signal path, automatically avoiding sources of Wi-Fi interference. These unique capabilities extend signal range, increase client data rates and ensure consistent and reliable distribution of delay-sensitive multimedia content and services over standard 802.11 Wi-Fi. With over 55 patents, 12,000 customers, and 4,000 solution partners worldwide, Ruckus employs over 450 staff in 22 countries. To date, the company has shipped over 3 million Smart Wi-Fi systems around the world and has raised $72 million in funding from premier investors such as Meritech Capital Partners, Sequoia Capital, SingTel Innov8, Focus Ventures, Sutter Hill, Motorola, T-Ventures, Telus Ventures, and Firelake Capital. The company is led by Ms. Selina Lo, president and chief executive officer.
Date | Amount | Type | Investors | Valuation |
---|---|---|---|---|
02/27/12 | $21,700,000 |
Meritech Capital Partners SingTel Innov8 | undisclosed |