Monday, January 14, 2008

JAB Wireless Gets Buyout Financing

Greenwood Village-based JAB Wireless, a provider of fixed wireless, high-speed broadband Internet, has received $15M in a buyout financing round, according to Hercules Technology Growth Capital. According to Hercules, it provided the financing in December. JAB Wireless said that it will use the debt financing to support its strategy of organic growth and acquisitions, to help grow the firm's subscriber base. Hercules is a provider of debt and equity financing based in Silicon Valley.