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Article: PointShot Wireless Secures Additional Financing to Support European Rail Deployments; Latest Funding Round Supports New European Office and Rail Deployments.
- Article from:
- Business Wire
- Article date:
- July 27, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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OTTAWA -- PointShot Wireless, the leader in deployments of mobile wireless solutions for rail, today announced it has secured additional financing from existing investors Axis Capital, GTI Capital and Venture Coaches. The new round will fund PointShot Wireless' new London office, and will help the company better meet the growing demand for mobile Wi-Fi applications in Europe and support its local customers and partners.
PointShot's London office houses state-of-the-art R&D facilities and testing and verification labs, providing PointShot's European customers and partners a location for advanced development, product integration, testing, and customer support. ...