Kineto Wireless Raises $15.5 Million

Kineto Wireless Inc., a Milpitas, Calif.-based provider of mobile over wireless LAN solutions, has raised $15.5 million in Series D funding. Motorola was joined by return backers Oak Investment Partners, Sutter Hill Ventures, Venrock, Seapoint Ventures and InterDigital Communications Corp. The company has now raised around $103 million in total VC funding since its 2001 inception.

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