Mesh Networks raises $4.3 million for next generation connectivity products
Mesh Networks has established strategic alliances with distributors who will drive Mesh Networks "enterprise to consumer" bandwidth management products and services into the mainstream.
The capital raised allows Mesh Networks to procure product slated for distribution through its enhanced partnership agreements with nationwide top solutions providers, IT aggregators, wireless internet service providers (WISP), equipment leasing providers, and value added resellers (VARs).
Taking full advantage of the momentum provided by the infusion of capital, Mesh Networks bandwidth management solutions are scheduled to be installed into both new and retro-fit mission critical IT infrastructures in verticals that service student housing in the USA and Canada and assisted living facilities throughout the USA and Australia. Hospitality media network providers are expected to integrate the NetProfit® System to effectively manage bandwidth in their existing highly specialized content delivery systems across guest platforms and provide their customers enhanced Quality of Service (QoS) when using Internet related services.
The Mesh executive team had the foresight to reach out and create alliances with Venture Capital firms, some of which specialize in funding WISPs. When a WISP is unable to secure conventional bank financing, Mesh Network’s funding partners’ bridge that gap offering specialized funding and equipment for upgrades and expansions.
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