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Meru Networks snags $12M third round

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Wireless VoIP firm Meru Networks today secured $12 million in third round funding. The round was led by BlueStream Ventures, Clearstone Venture Partners, and NeoCarta Ventures. Meru provides enterprises with a cellular wireless LAN system designed to improve the quality of wireless VoIP and other wireless data services. The company has partnerships with Oki Electric, Hitachi High-Technologies, and Fujitsu I-Networks. Meru has raised a total of $42.7 million to date.

For more on Meru Networks' latest funding:
- view this press release

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