Aerohive Networks Adds $25M Series D

Aerohive Networks, a developer of controller-less Wi-Fi and cloud-enabled networking technology, has closed on $25 million in Series D financing. New Enterprise Associates led the round, which included follow-on from Aerohive’s previous investors Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, and Northern Light Venture Capital. The money will help the company expand its sales and marketing and fund potential acquisitions. Aerohive is based in Sunnyvale, Calif.

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