Wednesday, March 11, 2009

Sotto Wireless Shuts Doors

Bellevue-based Sotto Wireless, which was developing hosted communications systems, has quietly shut its doors, according to reports. According to reporting from VentureWire, Sotto Wireless has quietly closed its doors. The firm apparently has been trying to sell its business for the last eight months. Sotto Wireless was venture backed by Ignition Partners and VantagePoint Venture Partners, and had raised $8.02M in a Series A round in May of 2006. The firm had inked a deal in 2007 to bundle phones from Linksys into its offerings.