GainSpan Secures $20 Million

GainSpan, a Sunnyvale, Calif.-based Wi-Fi sensor network technology company, has completed its Series B funding round, raising a total of $20 million. The round is being led by Opus Capital with participation from returning investors Intel Capital, New Venture Partners, OVP Venture Partners and Sigma Partners. Opus General Partner Carl Showalter will join the GainSpan board.