funding

 

Clearwire Pursues More Funding as Losses Mount

The company ended the fourth quarter with roughly 4.4 million subscribers, most of whom are wholesale customers through Clearwire’s relationships with Comcast, Sprint Nextel and Time Warner Cable.

Airband Secures Funding for Buildout

Airband Communications Inc. has announced its new $3 million round of funding will be used to build out its fixed-wireless network to keep pace with growing demand from customers across all Airband markets. Airband reports demand is coming from both the SMBs who need broadband access in the 3mbps to 20mbps range, as well as […]

Rivermine Secures $5 Million in Funding

TEM provider Rivermine announced it has received $5 million in funding led by SoftBank Capital, with participation from existing investors Valhalla Partners, Longworth Venture Partners and Columbia Capital. The funding round comes on the heels of a record 110 percent year-to-year sales increase in 2008. This is the third consecutive year of record growth with […]

Ifbyphone Secures $4.6 Million

Hosted IP telephony provider Ifbyphone said Tuesday it has secured $4.6 million in a second round of institutional funding from five venture capital firms. “We view this new round of funding as a strong endorsement of our growth and expansion strategy,” said Ifbyphone founder and CEO Irv Shapiro. “It positions us extremely well to continue […]

COMPTEL: Accedian Lands $7.5M B Series Funding

Accedian Networks Inc. (Booth 412), a provider of network performance assurance solutions for Ethernet service providers, announced it has received $7.5 million in a series B round of funding. The new capital is in addition to a $4 million series A round financing received by the Canada-based company in spring 2006. Initial investors Skypoint Capital […]

Voda One, Avaya Financial Services Enhance Funding Program

Westcon Group Inc. said Wednesday its Voda One business practice has teamed with Avaya Financial Services to deliver additional funding capabilities to its customer reseller base. Voda One resellers can use the enhanced Advanced Funding program to receive capital funding upfront upon delivery of the equipment to the end user customer. This helps the reseller […]

Fishing for Finance

Fishing for Finance After some slow years, private money again is fueling the communications sector. Its a breeze for the big-name companies to score funding, yet not so simple for lesser-known providers or resellers. Plus, if you dont want more than $10 million, major investment banks and venture capitalists wont even look at you. So […]

Capital 2.0 Event Gains COMPTEL Partnership

Bringing together telcos seeking funding and the capital markets firms that have it can be a daunting task. The undertaking becomes far lighter lifting when you have a major carrier trade association aboard. xchange magazine, the creator and producer of Capital 2.0: Funding the Telco Future, has partnered with COMPTEL, whose membership includes a long […]

Federal Lawmakers Introduce USF Reform Act

Congressional Reps. Rick Boucher, D-Va., and Lee Terry, R-Neb., have introduced a bill to reform the Universal Service Fund (USF). Boucher and Terry on Thursday released the text of their bill, the Universal Service Reform Act of 2007. They are members of the House Energy and Commerce Committee, which oversees telecom. The bill proposes to […]

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