JiWire Raises $20M

5/6/11

San Francisco-based JiWire, which operates an online advertising network targeting public Wi-Fi networks in places such as airports, said today that it has raised $20 million in new funding. New investor Trident Capital led the Series C round, which was joined by existing investors Comcast Interactive Capital, DFJ Frontier, Norwest Venture Partners, and Panorama Capital. The company has raised $45 million all told. The company said the money would be used to “aggressively extend JiWire’s leadership position in location-based advertising.”

Wade Roush is a contributing editor at Xconomy. Follow @

By posting a comment, you agree to our terms and conditions.