7Signal Obtains $4,000,000 Series B Financing

  • Feed Type
  • Date
    10/15/2013
  • Company Name
    7Signal
  • Mailing Address
    526 S. Main Street Akron, OH 44311
  • Company Description
    7signal Ltd. is a United States-based network technology start-up with a mission to make healthcare and other mission-critical enterprise wireless LAN networks work – reliably. The 7signal solution is an innovative hardware/ software wireless quality assurance (WQA) architecture which is easily installed as a monitoring layer on top of the existing WLAN.
  • Website
    http://www.7signal.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $4,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    The funding will allow 7signal to continue the rollout of the company’s Sapphire product line throughout the United States and selected international markets.
  • M&A Terms
  • Venture Investor
    Allos Ventures
  • Venture Investor
    Mutual Capital Partners
  • Venture Investor
    North Coast Angel Fund
  • Venture Investor
    Undisclosed