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VeriWave closes funding

PORTLAND, Ore.-VeriWave Inc. has closed its first institutional round of funding. The funding, from investors U.S. Venture Partners and TL Ventures, will address the need for 802.11 wireless LAN testing.

“We created VeriWave to provide test solutions for a rapidly expanding technology,” said Tom Alexander, founder and chief technology officer of VeriWave. “Unlike existing tools and methods that have been force-fit to address WLAN testing, we’re developing a unique testing system specifically for wireless LANs.”

VeriWave plans to announce its products, including a test solution for 802.11-based wireless LANs, later this year.

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