Dust Incorporated has raised a total of $7 million in financing to commercialize wireless mesh networks. The Series A round was led by Foundation Capital, with participation from Institutional Venture Partners (IVP) and In-Q-Tel. The company's technology is based on more than 10 years of University of California Berkeley research into wireless sensing solutions. In 1997, Dr. Kris Pister, PhD., now Dust CEO and founder, led an ambitious project at the UC Berkeley to develop a complete autonomous sensing and communication package in a cubic millimeter-sized device with a sensor, coined Smart Dust.

Since then, multiple generations of Smart Dust hardware and software have been developed, tested and refined. As the world's experts in wireless mesh networking and low-power systems, the Dust team is leveraging a tradition of innovative research and experience in bringing new technologies to markets to commercialize low-powered, robust wireless sensing networks in building automation, industrial monitoring and homeland security applications.