Row 44 Lands $45,000,000 New Round

  • Feed Type
  • Date
    6/13/2012
  • Company Name
    Row 44
  • Mailing Address
    4353 Park Terrace Drive Westlake Village, CA 91361
  • Company Description
    Row 44 is the fast, global, fleet-wide solution for in-flight broadband services – high-speed Internet, video entertainment, cell phone roaming, and airline operational in-flight communications. The Row 44 system offers wide-body, narrow-body and regional jet support along with flexible service deployment options. Adding Row 44′s service to a fleet is cost effective because installation is quick, the hardware is light, and the service leverages existing satellite networks.
  • Website
    http://www.row44.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $45,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Row 44 will use a portion of the investment capital to expand its global infrastructure to support new European and Trans-Asia airline customers, including the recently announced partnerships with Transaero, Russia’s first private airline and Icelandair.
  • M&A Terms
  • Venture Investor
    Advanced Inflight Alliance AG
  • Venture Investor
    Par Capital Management

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