December 19, 2013
Massachusetts-based startup RIFT.io is pre-product, pre-beta, and even pre-website. But its cofounders three have nevertheless managed to rustle up a cool $8 million. CEO Greg Alden is a former Cisco exec with two wireless startups under his belt. Director Matt Harper also hails from Cisco’s hallowed halls; director Timothy Mortsolf’s background is in wireless. The company’s principle engineer is also a Cisco alum.