Stoke Closes $17 Million Series E Funding Round

Stokes Inc. received $17 million through a Series E funding round. The Santa Clara, Calif.-based mobile broadband gateway provider has secured a total of about $92 million in funding to date. Focus Ventures of Palo Alto, Calif., led round E. Existing investors (DAG Ventures, Integral Capital Partners, Pilot House Ventures, Net One Systems Co., DoCoMo Capital Ltd., Mobile Internet Capital Inc., Sequoia Capital, and Kleiner Perkins Caufield & Byers) participated in the round. The latest capital obtained will be used to support an increased installed base and new network optimization projects.

18 January 2011•3 mins read
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