TCV leads Series C round for Cradlepoint

Boise, Idaho-based Cradlepoint, a provider of cloud-based network solutions for connecting people, places, and things over wired and wireless broadband, has raised $89 million in Series C funding. TCV led the round. In addition to the funding, Ted Coons, a general partner at TCV, and Doug Gilstrap, a venture partner at TCV, have been added to Cradlepoint's board of directors.

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