Wednesday, September 15, 2004

Airespace Signs IBM Partnership for Wi-Fi

Airespace announced a partnership with IBM targeting corporate Wi-Fi services. Financial terms were not disclosed. http://www.airespace.com

  • Airespace previously announced global OEM agreements with Alcatel, NEC, and Nortel. In addition, Airespace has also established partnerships with D-Link .


  • In July 2004, Airespace secured $20 million in mezzanine funding, bringing the total investment in the company to $58 million. Airespace's primary investors include Battery Ventures, Fidelity Ventures, Norwest Venture Partners, Storm Ventures, Hotung Capital, and KTB Ventures.