Agito Networks emerges with $9M for WiFi-cellular convergence

October 15, 2007 | Matt Marshall

Agito Networks, a Silicon Valley company that allows companies to lower the cost of voice communications by routing them over WiFi networks instead of using cellular networks, has emerged with $9 million in funding.

Mobile phones used within such networks need to be WiFi enabled, and run with Agito software. Agito’s product also requires companies run an Agito appliance on top of their WiFi network to manage the routing.

Battery Ventures led the investment in the Sunnyvale, Calif. company. Silicon Valley Bank and another unnamed investor participated in the round.

Agito Networks co-founder Tim Olson and Pejman Roshan previously worked at Cisco’s wireless division.

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Tags: deal

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.