Meru Networks Finds $30M

Sunnyvale-based Meru Networks disclosed today that the firm has raised $30M in a new funding round. Meru said that the round was led by Vision Capital Advisors, and also included prior investors Clearstone Venture Partners, NeoCarta Ventures, BlueStream Ventures, The D. E. Shaw Group, Evercore Partners, Tenaya Capital and Monitor Ventures. Meru Networks develops enterprise wireless networking products. More information »