Networking services startup Cradlepoint lands $89M investment from TCV

In a world where having internet connectivity is the lifeblood of just about every business, Cradlepoint helps customers deliver consistent networking services, even when there is a lousy cell signal. Today the company announced it had secured an $89 million Series C investment from TCV.

TCV is the only investor this round, and as part of the deal TCV’s general partner Ted Coons and venture partner Doug Gilstrap will join the Cradlepoint board. Today’s investment brings the total raised to over $157 million, according to the company. READ MORE

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