Tech Company Financing Transactions
Airvine Funding Round
Crosslink Capital and private investors participated in a $6.2 million funding round for Airvine. The financing round was announced on 3/25/2024.
Transaction Overview
Company Name
Announced On
3/25/2024
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Undisclosed
Investors
Crosslink Capital (Lead Investor) (Michael Stark)
Proceeds Purpose
The company intends to use for ongoing product development and expasion of the sales team.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
1500 Wyatt Drive #9
Santa Clara, CA 95054
USA
Santa Clara, CA 95054
USA
Phone
Website
Email Address
Overview
Airvine is a fast growing Silicon Valley innovator of intelligent broadband wireless backhaul solutions for the enterprise. The company has developed the industry's first indoor 60 GHz wireless system that exceeds the speed and rivals the reliability of existing cabling at a fraction of the deployment time and cost. Patented RF innovations extend the range and gain of wireless signals, penetrating walls and steering around obstacles that impede transmission. Something never before possible within the 60 GHz band.
Management Team
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