BlueSocket Buys Pingtel

BlueSocket Inc., a Burlington, Mass.-based provider of WLAN security and management systems, has acquired Pingtel Inc., a Woburn, Mass.-based provider of IP telephony platforms for businesses. No financial terms were disclosed. BlueSocket has raised around $67 million in VC funding since 1999, from Vesbridge Partners, Menlo Ventures, Boulder Ventures, Ascent Venture Partners, Ridgewood Capital and Ironside Capital Group. Pingtel has raised around $31 million in total VC funding since 1998, from firms like St. Paul Venture Capital, Dain Rauscher Corp., Intel Capital, SAIC Venture Capital and Wind River Ventures. www.bluesocket.com www.pingtel.com