Kajeet gets investment from MWP Growth Capital

MWP Growth Capital announced an unspecified investment into Kajeet. Kajeet said the recapitalization would allow it to accelerate its growth efforts without changes to its leadership team. #pressrelease

October 8, 2024

1 Min Read

Kajeet, a leading provider of wireless solutions for education and enterprise markets, announced today a strategic investment from MWP Growth Capital. This investment, part of a controlled recapitalization, positions Kajeet to accelerate its expansion across high-growth sectors, further solidifying its leadership in the rapidly evolving wireless and IoT markets.

Kajeet has been at the forefront of delivering managed IoT services that power connectivity across education, healthcare, transportation, and communications industries. With a 20-year track record of success, Kajeet has experienced strong growth driven by the increasing demand for reliable and secure wireless solutions in both education and enterprise settings.

The Kajeet leadership team will continue to oversee operations, ensuring a seamless transition while pursuing aggressive growth strategies. With two decades of experience in providing connectivity solutions, Kajeet plans to further scale its offerings and enhance its service capabilities, benefiting its customers and communities alike.

Read the full press release here.

Kajeet

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