Expway Obtains $3,300,000 New Financing Round

  • Feed Type
  • Date
    3/31/2016
  • Company Name
    Expway
  • Mailing Address
    1250 Oakmead Parkway Sunnyvale, CA 94085 USA
  • Company Description
    Expway’s team specializes in Mobile Broadcast software. The company is proud to provide the best-in-class and tailored experience suited to our tier-one customers’ needs.
  • Website
    http://www.expway.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $3,300,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The funds will be used to further the adoption of FastLane, Expway’s newly announced Ultimate Mobile CDN solution which optimizes data traffic between the telecom cells and the terminals using LTE Broadcast. In addition, Expway’s solution will also be made available on Wi-Fi networks to enhance video delivery in highly dense areas.
  • M&A Terms
  • Venture Investor
    NTT DOCOMO Ventures
  • Venture Investor
    Isatis Capital

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