RICHARDSON and AUSTIN, Texas-Two wireless suppliers received additional funding to further their business initiatives.
Networking solution provider Spatial Wireless announced it has closed on $27 million of equity financing, which it plans to use for further market expansion and to build a customer support organization.
The company has raised $58 million in capital investment since 2001.
In addition, SoloMio, a provider of value-added voice services for mobile operators, secured an additional $6.5 million in series B venture capital. The investment brings the company’s total venture capital raised to $19.5 million.
