Tuesday, August 15, 2006

Tendril Secures $5.25 Million in Venture Funding

Tendril announced today that the company has secured $5.25 million in Series B funding to continue its growth as the leading provider of network operations platform software for developing and deploying Wireless Sensor and Control Networks.

This is an exciting development in the low powered wireless network market. The adoption rate of wireless sensor networking has been fairly low, with most projects consisting of small R&D pilot projects. Interest in the venture captial community will hopefully accelerate the use of this promising technology in full scale industrial deployments.

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