- Inc. Technology - http://technology.inc.com -
Airband Receives $20 Million in Funding
Posted By Matt DeLuca On August 15, 2011 @ 6:24 am In Internet and Online Business | No Comments
Business provider of wireless voice and data services Airband has raised  $20 million with ABRY Partners of Boston as of this morning. The company, which merged  with Sparkplug last year to create one of the country’s largest fixed-wireless companies, offers Internet access, VoIP, and other services, and has plans to expand.
“The surging demand for high-quality data, VoIP and business continuity services and the explosion of cloud-based computing present us with exceptional growth opportunities,” says Airband CEO Michael Ruley in a press release. “With this new capital, we can increase our network coverage to better support regional and national accounts, including marquee brands that want Airband services in hundreds of locations.”
Nicolas Massard, a principal at ABRY Partners, said he is excited to be working with Airband to expand beyond the company’s current markets in 17 cities, including Atlanta, Philadelphia, and San Diego.
Read more at TechCrunch .
Article printed from Inc. Technology: http://technology.inc.com
URL to article: http://technology.inc.com/2011/08/15/airband-receives-20-million-in-funding/
URLs in this post:
 raised: http://www.airband.com/press-releases/airband-secures-20-million-in-funding-from-new-investor/
 merged: http://www.airband.com/press-releases/airband-and-sparkplug/
 TechCrunch: http://techcrunch.com/2011/08/11/airband-raises-20-million-announces-plans-for-mergers-and-acquisitions/
Copyright © 2011 Inc Technology. All rights reserved.