JumpLinc files details on the completion of its financing round


jumplincOne financial backer invested $500,000 in return for unregistered equity securities issued by JumpLinc. The transaction completed a couple of months ago via a non-brokered private placement. Until this disclosure JumpLinc had raised an estimated $500,000 in unregistered securities via one previous financing round.

JumpLinc markets and develops solutions for fixed and mobile communication network operators 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. The company 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.
The board of directors includes Dan O’brien, Kevin T Reidy and Patrick Mccamley.

The company has raised an estimated total of $1 million via private unregistered security offerings.

Offering recap
Status: Completed
Company: JumpLinc
Industry: Telecommunications
Amount offered: $500,000
Amount placed: $500,000
First sale: 03-06-2014
Data as of: 05-20-2014

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