The Wall Street Journal announced its list of 50 startup companies that could become the Next Big Thing, and Thousand Oaks-based wireless access company Xirrus came in at the number two spot.
The privately-held company designs and manufactures wireless access systems for large-scale use at convention centers, schools, health care facilities and government agencies.
“This is a tremendous honor and validates that the wireless technology category is going through explosive growth and that Xirrus is well positioned to be the ‘Next Big Thing,’ said CEO Shane Buckley in a prepared statement. “We hear daily from industry analysts, world class partners and thousands of customers that we are the technology leader in this space.”
Xirrus’ Wireless Arrays feature multi-radio design, high-gain directional antennas, and an integrated controller that together bring users a secure, reliable wireless connection. The setups can be installed temporarily for clients using them for conventions and other non-permanent installations.
“Having our products deliver high-performance Wi-Fi to more than 90,000 bandwidth-hungry Dreamforce attendees last week is no trivial task,” said Dirk Gates, executive chairman and founder of Xirrus, in a prepared statement. “Customers increasingly turn to us because we have developed the only wireless network that can handle the extraordinary demands of today’s BYOD-driven enterprise.”
Earlier this week the company announced that it had secured $23.5 million in funding, which it plans to use for expansion into the European and Asian Pacific markets.
Currently, most of Xirrus’ roughly 170 employees are based in its Newbury Park offices.