Live: Best Cyber Monday Deals Live: Cyber Monday TV Deals Tech Fails of 2022 Deals Under $10 Deals Under $25 Deals Under $50 Streaming Deals on Cyber Monday Cyber Monday Video Game Deals
Want CNET to notify you of price drops and the latest stories?
No, thank you
Accept

Wireless company picks up $10 million

Bluesocket announced Monday it raised a $10 million third round of funding, led by Menlo Ventures. Also contributing to the round were existing investors Ascent Venture Partners, Boulder Ventures, Intel Capital, Ironside Ventures, Osborn Capital, Ridgewood Capital and St. Paul Venture Capital. Menlo Ventures will also take a seat on Bluesocket's board of directors. Bluesocket, based in Burlington, Mass., has raised a total of more than $32 million. The company develops wireless gateways for local area networks. The gateways are designed to provide security and help manage Wi-Fi networks.