Thursday, January 06, 2005

JiWire lands $2.35 million from DFJ - Series B

Business - Folsom Wi-Fi firm gets more aid - sacbee.com

A Folsom startup has landed $2.35 million in second-round funding to expand its vision of being a portal to the Wi-Fi world.

The new funding for JiWire Inc. illustrates the growing clout of Wi-Fi, the technology that lets electronic devices such as notebook computers connect wirelessly to the Internet. And it suggests that investors are warming to funding dot-com companies, which fell out of favor during the tech meltdown of 2000.

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