ItsOn Finds $15.5M

Redwood City-based ItsOn, a developer of mobile technology whose team helped developed the LTE and WiFi 802.11N standards, said today that it has raised $15.5M in a Series B funding round. The round was led by Andreessen Horowitz, and also included SV Angel and Silver Lake Partners. Silver Lake's Charlie Giancarlo, formerly of Cisco, is heading up that firm's investment in ItsOn, which is led by Greg Raleigh. More information »