Bluwan S.A., provider of multi-gigabit wireless network equipment, leveraging hyper-frequencies, announced today that the company has closed €2.3 million in Series B funding.
This latest investment round was led by new investor Responsible Technology, and will allow Bluwan to begin industrialisation of its innovative hyper-frequency network equipment. With Bluwan's Fibre Through The Air, Service Providers are able to solve their wireless backhaul challenges and deliver very high speed broadband along with HDTV services to customers currently not wired to fibre. This series also cements the close relationship between Bluwan and partner Thales for research and development purposes.
With the arrival of Responsible Technology, Bluwan will continue to focus on providing cutting edge, innovative solutions that enable sustainable growth through the use of high impact, socially conscious green technologies, focused on long term benefits to society as a whole.