Sunday, November 9, 2014

Mesh Networks Raises $4.3 Million for Bandwidth Mgt

Mesh Networks, which specializes in bandwidth management and optimization, has secured $4.3 million a new round funding from an existing investor base and new private investors. 

Mesh Networks bandwidth management solutions are scheduled to be installed into both new and retro-fit mission critical IT infrastructures in verticals that service student housing in the USA and Canada and assisted living facilities throughout the USA and Australia. Hospitality media network providers are expected to integrate the NetProfit System to effectively manage bandwidth in their existing highly specialized content delivery systems across guest platforms and provide their customers enhanced Quality of Service (QoS) when using Internet related services.

"Connectivity services in the Hospitality, Student Housing, 55+/Assisted Living, Apartment industries are notorious for being troublesome and slow; often frustrating a customer base that expects connectivity services to be fast and responsive. Mesh facilitates personalizing and improving guest/resident connectivity services by installing our patent pending bandwidth management systems into new, or already existing networks." Said Martin Scheid, CEO and President of Mesh Networks, LLC. "Achieving our funding goals for 2014 has significantly accelerated the advancement of the Company. Subsequently, we are anticipating a rapid expansion into our target verticals, with deployments already scheduled well into 2016."

The company is based in Houston, Texas.