Ruckus Wireless raises $7.5M more for IPTV router
Ruckus Wireless, a Sunnyvale, Calif. maker of a WiFi router for Internet television in the home, has raised $7.5 million in a fifth round of funding from existing investors, according to VentureWire (subscription required).
It also said it has signed a deal with Deutsch Telekom to offerwireless TV to its millions of customers in Germany.
The company has now raised about $39.5 million in venture funding, from Sequoia Capital, Investor Growth Capital, Sutter Hill Ventures, Motorola Ventures, Firelake Capital Management, WK Technology and T-Online.
Ruckus has signed similar deals in Portugal and Singapore to bring its “triple play” technology (voice, data and video over wireless) to the home.
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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.
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