FreedomPop Garners $5,000,000 New Financing

  • Feed Type
  • Date
    7/11/2013
  • Company Name
    FreedomPop
  • Mailing Address
    18757 Burbank Blvd. Tarzana, CA 91356
  • Company Description
    FreedomPop is the nations first wireless internet provider committed to delivering 100% free internet with 4G broadband wireless internet access. FreedomPop’s partnered with leading wholesale 4G Wimax and 4G LTE wireless internet networks to deliver the fastest mobile broadband internet available and offer the flexibility of wireless internet.
  • Website
    http://www.freedompop.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the financing to build inventory for its first phone launch.
  • M&A Terms
  • Venture Investor
    DCM
  • Venture Investor
    Mangrove Capital Partners