NewPath Networks Garners $10,000,000 New Funding Round

  • Feed Type
  • Date
    8/17/2009
  • Company Name
    NewPath Networks
  • Mailing Address
    768 Garfield Street Seattle, WA 98109
  • Company Description
    NewPath Networks is a wireless infrastructure company that designs, develops and operates fiber-fed wireless carrier networks to improve signal strength and network capacity. NewPath increases existing carrier footprints by adding network coverage in hard-to-reach areas to increase quality for the wireless customers. NewPath’s network is run over existing infrastructure, such as telephone poles and street lights, to expand carrier networks with solutions that are aesthetically acceptable to local communities and municipalities. NewPath focuses on bringing turnkey wireless communications solutions to areas where traditional network build-out is difficult due to zoning or cost constraints, such as large corporate, retail, or university campuses, sports arenas and stadiums, and neighborhood areas.
  • Website
    http://www.newpathnetworks.net
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $10,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    NewPath will use the line of credit to help fund continued expansion of the company’s DAS networks in new and existing markets throughout the U.S.
  • M&A Terms
  • Venture Investor
    Square 1 Bank

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