Propagate Networks, a start-up based in Acton, Massachusetts, raised $8 million in Series C venture funding for its embedded cognitive radio software. The technology can be embedded in wireless access points and clients (desktops, laptops, PDAs, cordless phones, home entertainment systems) to provides maximum WLAN performance in high density and high interference deployments. The software creates self-configuring wireless networks that automatically avoid radio frequency interference. Current Propagate partners include many Wi-Fi industry leaders such as Netgear, Atheros Communications, Chantry Networks and others.
Strategic investors in this third round include Motorola Ventures, an additional unnamed corporate investor and Thomas Weisel Venture Partners. The company has raised approximately $14 million in venture funding to date. http://www.propagatenet.com
