The investment was led by Trident Capital, one of AirTight's Series A investors. John Moragne, Managing Director of Trident Capital, has joined the company's Board of Directors. All of AirTight's Series A investors (Walden International, Granite Ventures, Blueprint Ventures, as well as Trident) joined in the company's Series B financing round. Siemens Venture Capital, the venture capital arm of global conglomerate Siemens AG, also participated in AirTight's latest financing as a new investor.

“AirTight is on the rapid growth ramp that characterizes successful start-up companies,” said David C. King, Chairman and CEO of AirTight Networks. “We're gratified that AirTight's previous investors have shown confidence in our execution to date as well as our future potential. We are also pleased that Siemens Venture Capital has chosen to participate in this latest funding round.”

“Trident Capital has a strong focus on security technology, and we're excited about AirTight's tremendous potential as a market leader in a rapidly emerging space,” said John Moragne, Managing Director, Trident Capital. “Over 97% of all enterprises have wired perimeter security solutions today, but less than 2% have the equivalent wireless perimeter security functionality. AirTight has won a number of important head-to-head bake-offs against its competition. The company is executing very well and we are committed to AirTight's success.”

“Siemens Venture Capital invests in companies that complement our corporate vision and technology strategy in the networking and communications industry,” said Louis Rajczi, Investment Partner, Siemens Venture Capital. “AirTight's position as a leader in the wireless perimeter security market is a good fit with our perspective on how wireless technologies will pervade the enterprise and public network markets, and the corresponding need to secure these network connections.”

About AirTight Networks
Founded in 2002, AirTight Networks maintains network and mobile client integrity from Wi-Fi security vulnerabilities. AirTight Networks Wi-Fi IPS Firewalls provide enterprises and service providers with around-the-clock wireless monitoring and automatic intrusion prevention as well as manage wireless LAN network performance for maximum capacity and uptime. The SpectraGuard family of products is the industry's first Wi-Fi firewall that identifies and stops security risks and attacks, provides real-time network audits, assists in performance troubleshooting and monitors the overall health of the wireless LAN. AirTight Networks is a privately held company based in Mountain View, CA. For more information, visit the company's Web site at www.airtightnetworks.net.

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AirTight and AirTight Networks are trademarks, and SpectraGuard is a registered trademark
of AirTight Networks, Inc.