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Enfora Raises $19M (10/23)
Monday, October 23, 2006 | Comments
Enfora, a radio module developer in the wireless data communications market, raised $19 million of growth equity. Enfora was formed as an independent company in 1999, and this is its first round of institutional equity capital. Enfora, which has grown at nearly 100 percent annually for several years, will use the investment to expand sales and marketing to meet the worldwide need for its wireless products. Dave Furneaux of Kodiak Venture Partners and Tom Dolson of Adams Street Partners will both join Enfora's board of directors. Enfora's line of GSM/GPRS/EDGE and 802.11 products enable remote access to mission-critical data, files and applications.


 
 
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