Wifi Revolution

BelAir Networks, a provider of mobile wireless broadband mesh network solutions, has announced $17.5 million in financing led by new investors, Export Development Canada (EDC) and Wellington Financial.

Existing investors Comcast Interactive Capital, T-Mobile (News - Alert) Venture Fund, Trilogy Equity Partners, Panorama Capital (formerly JPMorgan Partners), VenGrowth Capital Partners Inc., BDC Venture Capital, Ventures West Management, McLean Watson and MMV Financial also participated in this round.

BelAir’s wireless networking solutions are built on the only multi-service architecture for municipal wireless broadband deployments of Wi-Fi, WiMAX (News - Alert) and 3G Cellular networks.


Built specifically for outdoor-in deployments, BelAir Networks’ patented solution delivers the lowest cost per user and deploys in days, blending into the physical infrastructure of downtown business districts, hotels and resorts, and campuses.

“BelAir Networks was recently named the new worldwide wireless mesh node market leader based on revenue and this funding will help fuel the company’s solid growth trajectory,” Bernard Herscovich, President and CEO, BelAir Networks said in a press release.

“Our success in delivering proven, reliable and high performance mesh networks for public safety interoperability, citywide wireless networks and demanding enterprise applications has created growing demand for our products globally.”

BelAir Networks has more than 300 deployments worldwide, in leading cities such as New York, Minneapolis, the City of London and Toronto, and high-profile venues including Dolphin Stadium and Lincoln Center.

Anil Sharma is a contributing editor for TMCnet. To see more of his articles, please visit his columnist page.

Don’t forget to check out TMCnet’s White Paper Library, which provides a selection of in-depth information on relevant topics affecting the IP Communications industry. The library offers whitepapers, case studies and other documents which are free to registered users.

 

 

Back to WiFi Revolution home