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Graviton receives $35 million

Graviton announced Tuesday that it has received $35 million in a fourth round of funding, led by Merrill Lynch. Other investors included Royal Dutch/Shell Group, Motorola, Global Grossing and previous investors Mitsui, Omron, Qualcomm, Siemens and Sun Microsystems. La Jolla, Calif.-based Graviton connects sensors to a wireless network and then monitors the sensors for problems before devices break down. The company has raised a total around $55 million.

Graviton announced Tuesday that it has received $35 million in a fourth round of funding, led by Merrill Lynch. Other investors included Royal Dutch/Shell Group, Motorola, Global Grossing and previous investors Mitsui, Omron, Qualcomm, Siemens and Sun Microsystems. La Jolla, Calif.-based Graviton connects sensors to a wireless network and then monitors the sensors for problems before devices break down. The company has raised a total around $55 million.