Dr. Ambatipudi Sastry co-founded PacketHop raises $10 M in series C

By siliconindia staff writer   |   Wednesday, 10 August 2005, 19:30 IST
Printer Print Email Email
REDWOOD CITY, CA: PacketHop Inc., the maker of mobile mesh networking software and multimedia applications for instant wireless group communications co-founded by Dr Ambatipudi R. Sastry has raised $10 million in round C. This round was led by GF Private Equity Group, along with previous investors, including U.S. Venture Partners, Mayfield and ComVentures. To date, the company has raised $25 million over three rounds of financing. Additionally, PacketHop announced that its headquarters have been relocated from Belmont, Calif., to expanded facilities in Redwood City. The new capital will be used by PacketHop to bring to market its PacketHop Communication System. The company’s mobile mesh solution works with readily available off-the-shelf Wi-Fi-enabled mobile devices. The first release of the software is optimized for public safety and homeland security agencies, which require rapidly deployable infrastructure-less incident area networks. PacketHop’s mobile mesh network and multimedia applications are particularly beneficial to these agencies for mission-critical communications. The PacketHop Communication System is the first system that enables instant mobile broadband networks and server-less applications wherever and whenever they are needed.