POWAY, Calif.-Littlefeet Inc. announced it has raised $22 million in financing and plans to use it to increase its presence in the wireless infrastructure space by expanding sales support and product development for its Small Profile Intelligent Coverage Element (SPICE).
Sevin Rosen Funds led the financing round with ComVenture and Bay Partners also participating.
“Having investors willing to make significant financial commitments to Littlefeet is a strong endorsement of our technology, team and position in the market,” said John Combs, chairman and chief executive officer of Littlefeet. “Additional capital allows us to aggressively deploy our products to the GSM carriers worldwide and enables us to accelerate our product development efforts.”
