Cradlepoint scores $48 mln Series B

Boise, Idaho-based Cradlepoint, a provider of cloud-managed 4G LTE networking solutions, has raised $48 million in Series B funding. Sorenson Capital led the round with participation from Delta-v Capital and The CAPROCK Group. In addition to the funding, Sorenson Capital's LeGrand Lewis and Ron Mika have been added to Cradlepoint’s board of directors.

13 April 2015•4 mins read
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