Nanoradio Raises $27 Million

Nanoradio AB, a Stockholm, Sweden-based provider of low-lower WiFi solutions, has raised $27 million in new VC funding. Ferd Ventures led the deal, and was joined by Nordic Venture Partners, Innovacom, Teknoinvest and Industrifonden. Nanoradio has raised over $56 million in total VC funding since its 2004 inception. www.nanoradio.com