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Aruba fetches $20 M in second round
si Team
Wednesday, October 1, 2003
The funds will be used to scale operations worldwide as well as for continued product development. This brings the total investment in the company to $29.5 million. The company claims it has already begun generating revenue having shipped over 30 WLAN switching systems to 25 customers around the world since it announced general availability of its Wi-Fi switching system in June.

Aruba also appointed new members to its senior management team and inked strategic partnerships with two of Japan’s technology giants–Fuji Xerox Corporation Ltd and Network Value Components. The company also announced the expansion of its operations into Japan, India and Europe.

“After looking at the emerging companies in this exciting space, we quickly came to the conclusion that Aruba was best positioned to capitalize on the next phase of infrastructure buildout that comes with deploying large-scale, enterprise Wi-Fi,” says Larry Orr, managing partner for Trinity Ventures. Trinity’s investment portfolio reflects a who’s who in the communications and enterprise systems industries including investments in Crescendo Communications (acquired by Cisco Systems), Extreme Networks, Vitalink Communications and Network Alchemy, Inc. (acquired by Nokia).

In addition to new financing, Aruba also named new senior managers to its team including Dominic Orr as executive chairman of the board, Dustan Williams as chief financial officer and Dave Butler as vice president of Worldwide Sales and Channel Operations. Orr, 52, will take an active role in Aruba as executive chairman of the board working on global business strategy, strategic partnerships and channel-related initiatives. Duston Williams, 45, joins Aruba as its new CFO. Most recently, Williams was the CFO of Rhapsody Networks (acquired by Brocade Communications).

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