Wednesday, July 17, 2013

On-Ramp Wireless Finds $15M In Series C

San Diego-based On-Ramp Wireless, which develops wireless technology used in the energy automation and M2M communications markets, has raised $15M in a Series C funding. According to the company, the new funding came from Enbridge, along with Third Wave Ventures and Energy Technology Ventures. On-Ramp said the new funding will go towards further commercialization of its products. On-Ramp Wireless develops wireless equipment for low-power monitoring and control, and has been targeting the oil and gas, smart grid, industrial, location tracking, and other markets. More information »