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Dusting the Competition

February 4, 2005

We wrote last week that Dust Networks “seems promising to us.” Little did we know that the Berkeley-based developer of wireless mesh networks was about to score a round of $22MM in financing. According to a company release, the funding was “led by Crescendo Ventures. Cargill Ventures participated in this series B round, along with existing investors Foundation Capital and Institutional Ventures Partners. This new funding, which brings Dust Networks’ total investment to-date to $30 million, comes after a recent product launch and successful customer trials.”
Read: Dust Networks – Profile [a:c]

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