Tuesday, February 21, 2006

Light Reading - Broadband - AirBand Secures $8M - Telecom News Wire

"airBand Communications, Inc., the largest fixed wireless company for business customers in the United States, announced today that it closed a new round of $8 million in funding. Key Venture Partners led the round with participation from existing investors Sevin Rosen Funds, Crescendo Ventures and Dolphin Equity Partners.
�This investment validates the disruptive role fixed wireless technology will play in the telecom industry as we begin to deliver a broader bundle of services across the network with economics that traditional providers can�t touch,� said airBand President and CEO Mark Spagnolo. �We intend to use the funding to significantly broaden our offerings, expand our footprint and deliver truly integrated services over our wireless network.� "

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