DiVitas Networks Raises $15 Million in Series B Funding
Menlo Ventures Leads Round; John Jarve Joins Board of Directors
MOUNTAIN VIEW, Calif. (08/01/2006) - DiVitas Networks, a provider of seamless, unified mobility solutions for enterprise networks, today announced that it has raised $15 million in its oversubscribed Series B round of funding. Lead investor Menlo Ventures was joined by existing investor Clearstone Venture Partners. To date, the company has raised $23 million. John Jarve, managing director of Menlo Ventures, has joined the DiVitas board of directors. DiVitas will use the funding to bolster its sales, marketing, customer support, and engineering teams.
"Menlo Ventures has been following cellular/WiFi convergence for a long time and tracking a number of companies in that space. We could not find any company with a winning strategy," said Jarve. "We've invested in DiVitas because of its unique enterprise-centric approach that allows enterprises to gain control of mobility. Another reason we feel so strongly about the company is that it has a great management team."
"As a lead investor in SpectraLink and Ascend Communications, John brings to the DiVitas board a deep understanding of wireless and communication technologies," said Vivek Khuller, CEO of DiVitas. "He's incredibly smart and well-informed and is one of the savviest investors in early-stage technology companies. At DiVitas we are disrupting the world of mobile communications, and the backing of John and Menlo Ventures is a validation of our strategy, our team, and our market."
DiVitas is developing a new unified mobile communications solution that extends the reach of the enterprise by providing seamless roaming between WiFi and cellular networks, while also integrating with business and communications applications. The DiVitas solution works in every network environment, whether cellular, WiFi, internet/IP WAN, or wireline, and with every type of mobile phone, including dual-mode phones, WLAN phones, cellular phones, smartphones, softphones, and mobile computers. Designed to work in any WLAN environment, with any PBX, and over any fixed, mobile, or wireless network, the DiVitas solution minimizes the cost and complexity of mobile enterprise communications, while maximizing enterprise control and coverage.
About DiVitas Networks
DiVitas Networks provides mobile unified communications solutions for
both small and large businesses. DiVitas mobilizes business
communications (voice, IM, presence and contacts) seamlessly over any
mobile network – cellular or WiFi or both – using a client that can run
on any mobile handset and a server that can be controlled by company
IT. DiVitas is the first mobile unified communications solution that
allows companies the flexibility of either deploying it in an
all-in-one green-field mode or overlaying it on top of existing
infrastructure. DiVitas provides organizations complete management and
control over their mobile unified communications. Headquartered in
Mountain View, California, DiVitas Networks is backed by Clearstone
Venture Partners and Menlo Ventures and has received two rounds of
financing totaling $23 million to date. More information is available
at www.divitas.com.
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