Silicon Valley Business Journal – Polaris Wireless raises $10 million to pay back first investor

Polaris Wireless has raised $10 million in Series C funding to pay back its very first investor, Draper Fisher Jurvetson. DFJ invested an undisclosed amount of money in the Mountain View-based company in July 2001. DFJ cashed out its investment this year by giving Polaris back its original equity and giving up its seat on the Board of Directors.