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SkyPilot nets $21M in latest VC round

SANTA CLARA, Calif.—Wireless mesh network equipment vendor SkyPilot Networks said it raised $21 million in its latest funding round led by August Capital.

Current investors including Mobius Venture Capital, Invesco Private Capital, Palo Alto Investors, Nexit Ventures and Selby Venture Partners participated in the funding round as well. As part of the funding, Dave Marquardt, co-founder of August Capital, has joined SkyPilot’s board of directors.

The company said it will primarily use the funds to continue to expand its sales, marketing, engineering and customer service efforts.

SkyPilot said the funding round brings the total amount it has raised since its inception to $68 million.

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