Tech Company Financing Transactions
WeLink Funding Round
On 1/8/2021, WeLink announced $185 million in funding from Digital Alpha Capital.
Transaction Overview
Company Name
Announced On
1/8/2021
Transaction Type
Venture Equity
Amount
$185,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand to the Las Vegas metro area, into two additional metro areas, Phoenix and Tucson, Arizona, in Q2 2021, with seven additional markets slated for future launches and sign new partnership opportunities with Cisco.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
1881 West Traverse Pkwy. E-525
Lehi, UT 84043
USA
Lehi, UT 84043
USA
Phone
Website
Email Address
Overview
The internet has become the backbone for everything we do. Our productivity, entertainment, education, work, and even our appliances rely on a quality connection to a high-speed internet service. Just like you, we've experienced spotty, slow, overpriced internet service. Service provided by big internet companies that offer poor customer service and only care about their bottom line.
Management Team
Title
Name
Email & Social
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We do our best to document tech company VC transactions. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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