Cranite brings in $12 million
Cranite Systems has raised $12 million in a third round of funding led by JK&B Capital. Other investors in the round announced Monday include BV Capital and Diamondhead Ventures.
San Jose, Calif.-based Cranite has now raised a total of $15 million. The company develops security software for businesses and organizations with wireless LAN (local area networks) and multiple mobile users.
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