AirCell Receives $176,000,000 New Financing

  • Feed Type
  • Date
    1/22/2010
  • Company Name
    AirCell
  • Mailing Address
    303 South Technology Court Bldg. A Broomfield, CO 80021
  • Company Description
    AirCell, the leader in airborne telecommunications for business aviation, is now developing the first affordable, North America-wide airborne broadband solution. After winning the FCC’s recent air-to-ground spectrum licensing auction, AirCell is spearheading a Wi-Fi revolution that will change the airline and business aircraft passenger experience.
  • Website
    http://www.aircell.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $176,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used for network expansion, among other things.
  • M&A Terms
  • Venture Investor
    Undisclosed