Airband Communications Garners $20,000,000 New Financing

  • Feed Type
  • Date
    8/11/2011
  • Company Name
    Airband Communications
  • Mailing Address
    3220 Keller Springs Rd Carrollton, TX 75006
  • Company Description
    airBand Communications Inc., is a broadband communications provider dedicated to helping businesses realize the full potential of their voice and data services. With a comprehensive portfolio of Voice over IP and high-speed data solutions, airBand provides its customers with the functionality and flexibility required to compete in an increasingly mobile business environment.
  • Website
    http://www.airband.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $20,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    With fresh growth capital from ABRY Partners, Airband plans to expand network coverage and capacity in existing markets; consolidate existing debt facilities to optimize capital structure; and acquire fixed-wireless providers with contiguous geographic operations to complement Airband’s existing territory.
  • M&A Terms
  • Venture Investor
    ABRY Partners

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