All the sessions from Transform 2021 are available on-demand now. Watch now.

Aerohive Networks, a Santa Clara, Calif. company that offers a controller-less wireless LAN access point which it hopes will challenge competing products from Cisco, Aruba and Trapeze, has raised $20 million in second round o financing.

Kleiner Perkins Caufield & Byers led the investment, while prevoius investors Northern Light Venture Capital and Lightspeed Venture Partners participated. Total funding is now $24 million.

The company says that its product removes the need for centralized control, making for more adaptable, flexible wireless networks. It allows various access points to join together in a so-called “hive,” takes over the function as a controller by sharing information between points.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member