Saratoga, Calif. -- Ekahau, a Saratoga-based developer of Wi-Fi location systems, said on Tuesday that it has secured $16 million in new financing, including $12 million in it second round of equity funding. Founding investor Nexit Ventures, as well as several new international investors participated. The company also said that it has landed $4 million in the form of venture loans and government funding. Ekahau said that it will use the new capital to continue its aggressive growth and international expansion. The company said that part of that plan will be to build out its sales and marketing, engineering and support organization.
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