Tech Company Financing Transactions
SmartSky Networks Funding Round
BlackRock, Meritage Funds and Platform Equity invested in a $104 million venture round for SmartSky Networks. The round closed on 2/6/2019.
Transaction Overview
Company Name
Announced On
2/6/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$104,000,000
Round
Undisclosed
Proceeds Purpose
The funds will be used in the on-going rollout of SmartSky's nationwide air-to-ground network.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
4690 1st Flight Dr.
Charlotte, NC 28208
USA
Charlotte, NC 28208
USA
Phone
Website
Email Address
Overview
SmartSky Networks was formed in 2011 by senior telecommunications and aviation executives seeking to transform aviation through the use of disruptive communications technologies and related tools. Working with leading aerospace and technology partners, SmartSky has begun the rollout of its innovative, air-to-ground network, SmartSky 4G LTE.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We record all VC transactions involving tech companies. VC investment data records on this site are derived from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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