Tuesday, August 16, 2005

Sensys Networks raises Series B

According to PE Week Wire, Sensys Networks announced a Series B round of funding led by the communications-focused venture capital firm ComVentures. Sensys Networks has a wireless traffic sensor for monitoring congestion on freeways, allowing commuters to spend less time idling in traffic jams. We've mentioned this kind of application before, and it continues to be an interesting area for potential investment...


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