Arcadian is building a 700MHz wireless network in rural areas of the United States for big utilities, electric, and gas business customers. The company says deployment of a 56,000-square-mile network has already begun in Minnesota with Great River Energy, a not-for-profit generation and transmission cooperative, providing wholesale electric service to 28 distribution coops that serve more than 600,000 members.
The company plans to accelerate and expand its network deployment with the additional funding.
Vocera's system is used in hospitals, hotels, libraries, and retail establishments. The company says that it will use the Moto money to extend its system.
The company says it will use the money to aggressively fund growth. Currently it offers consumers a mobile phone auction game that they can play to bid on products -- usually automobiles -- put forward by marketeers, and sometimes win them for low prices. — Dan Jones, Site Editor, Unstrung