JumpLinc, a turnkey offloading solution provider, files details on its $500,000 financing


jumplincJumpLinc raised $500,000 from three financial backers a couple of months ago according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.

The company offers fixed and mobile communication network operators a solution to expand their network coverage and/or capacity by efficiently managing their spectrum using a network of small cell. Small cells are low-powered radio access nodes that operate in licensed and unlicensed spectrum that have a range of 10 meters to 1 or 2 kilometers. JumpLinc currently is focused on providing a turnkey installation of small cell indoors and outdoors targeting the top 50 markets in the United States.

The company, headquartered in Denver CO, was registered this year. Revenues were not disclosed.

The executive team includes Mike Miller (CEO).
The board of directors includes Kevin T Reidy and Patrick McCamley.

Offering recap
Status: Completed
Company: JumpLinc
Industry: Other Technology
Amount offered: $500,000
Amount placed: $500,000
First sale: 01-31-2014
Data as of: 04-14-2014

Advertisements

One comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s