SAN JOSE, Calif.-In-building wireless solutions company LGC Wireless Inc. said it completed the second close of its series B-1 equity financing in the amount of $2 million.
The total raised in the round is $13 million. GunnAllen Venture Partners was a major new investor in the round, which also included existing investors.
Funds will be used for general working capital and for continued expansion of its international sales activities, said LGC.