BelAir Receives $21.4M

BelAir Networks announced a $21.4 million Series D financing round

October 2, 2006

1 Min Read

KANATA, ON -- BelAir Networks, the leading provider of mobile wireless broadband mesh network solutions, announced today a $21.4 million Series D financing round, led by Ventures West Management Inc. Trilogy Equity Partners, co-founded by former T-Mobile USA and Western Wireless Chief Executive John Stanton, also participated in this highly successful round.

“In the last year, BelAir has landed top-tier customers in each of its target markets – municipal, cable, and cellular,” said Sam Znaimer, Senior Vice President, Ventures West Management Inc. “This funding will give BelAir expanded resources with which to respond to strong market demand and to accelerate its sales and marketing initiatives.”

"Trilogy Equity Partners looks for innovation, passion, and execution excellence – BelAir Networks and its management team deliver on all three," stated Tim Wong, former CTO, T-Mobile USA, and co-founder of Trilogy Equity Partners. "The company’s proven and cost-effective mobile broadband mesh networks are differentiated by their carrier-class capacity, reliability and scalability. Only BelAir is applying its technology today to backhaul live cellular traffic.”

BelAir Networks Inc.

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