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Wireless Startup Cloud4Wi Brings In $11.5 Million

Wireless Startup Cloud4Wi Brings In $11.5 Million
Credit: cloud4wi.com

Cloud4Wi announced the close of $11.5 million in Series B financing led by Opus Capital and United Ventures.

Cloud4Wi offers Volare and VolareXP, the industry’s leading services platforms for advanced guest wi-fi. With Volare, organizations with brick and mortar locations can build their brands by using their existing wi-fi networks to provide superior on-site mobile experiences while gaining valuable customer insights. VolareXP offers similar capabilities to small- and medium-sized businesses via Cloud4Wi’s service provider partners. Both offer open, cloud-based platforms that connect more than 60 million mobile users across 15,000 physical locations in more than 80 countries.

According to the company, the new capital will enable Cloud4Wi to accelerate its expansion and to continue its machine learning investment.