Boingo Wireless Raises $10 Million for its Wi-Fi Network

Boingo Wireless raised $10 million in series B funding for the continued rollout of its Wi-Fi network in the U.S. and internationally. Boingo serves as a network aggregator for dozens of Wi-Fi hot spot operators. The company recently began expanding outside of the U.S. and has hot spot locations in Europe, Japan, Australia, Latin America, India and Canada.


The lead investor for the round was Mitsui & Co. Venture Partners. Other investors in the round include Infonet Services Corporation and clients of Amerindo Investment Advisors, Inc. Boingo's original financial investors, New Enterprise Associates, Sternhill Partners, and Evercore Ventures, also participated. Boingo has raised a total of $30 million to date.
http://www.boingo.com