Polaris Closes $10 Mln Series C Financing from Industry Ventures

Polaris Wireless said Tuesday that it completed a recapitalizatoon of of existing equity interests on April 25. The recap included closing a Series C financing with $10 million from Industry Ventures. Victor Hwang, an Industry Ventures MD, joined the Polaris board. Mountain View, Calif.-based Polaris provides software-based wireless location solutions.

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