Airwide Solutions Secures $25 Million in Financing

Jan 27, 2006


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Airwide Solutions, a global provider of mobile infrastructure software to enable, enhance, and ensure mobile communications for wireless operators, has announced it has secured $25 million in Series D funding. The financing was led by a new investor, Advent International, with participation from existing investors Artiman Ventures, Axiom Venture Partners, Key Venture Partners, and Kodiak Venture Partners. Airwide plans to use the investment to fund its growth and expansion, to support new product developments, and to pursue strategic opportunities.

(www.airwidesolutions.com; www.adventinternational.com; www.artimanventures.com; www.axiomventures.com; www.keyvp.com; www.kodiakvp.com)