PLEASANTON, Calif.-Trapeze Networks, which makes wireless local area networking systems, said it raised $17.5 million in its third-round series C funding.
The company has raised a total of $67.5 million to date.
Leading the series with a $4 million investment was venture-capital firm Duff Ackerman & Goodrich. The company also received funding via a recently announced alliance with Nortel, as well as from several original first- and second-round investors.
“Our Series C funding will go toward hiring more engineering and sales staff to meet the needs of our new OEM partners and rapid growth in the WLAN market,” said Jim Vogt, president and chief executive officer of Trapeze Networks.
