BLiNQ Networks raises $15.1 mln in Series B financing round
BLiNQ Networks Inc has secured US$15.1 million in a Series B financing round. This latest round, which brings the company's total funding to date to US$32.5 million, was led by WIN Fund LP and joined by new investor Kensington Global Private Equity Fund and existing investors BDC Capital, New Venture Partners and Summerhill Venture Partners. Investment proceeds will be used to continue BLiNQ's product innovation, scale operations and accelerate global sales growth. With its headquarters in Ottawa and Plano, Texas, BLiNQ is a provider of wireless backhaul solutions that allow mobile operators to deliver mobile broadband services in high density areas. It was founded in June 2010.
9 September 2014•3 mins read
