Kumu Networks raises $15 mln in Series B funding

Kumu Networks, which developed technology with the potential to double the capacity of wireless networks, has received $15 million in Series B funding led by Third Point Ventures, and joined by existing investors NEA and Khosla Ventures. Kumu raises $10 million in Series A funding from NEA and Khosla Ventures in December 2012, bringing total investment to $25 million.

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