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July 9, 2013

Kymeta Closes $50M Series C Financing

Published on July 9, 2013 Kymeta Corporation, a Redmond, Washington-based technology company that designs and manufactures satellite communication antennas and systems, […]

Published on 

kymeta communication terminals

Kymeta Corporation, a Redmond, Washington-based technology company that designs and manufactures satellite communication antennas and systems, closed a $50m Series C financing.

Backers included existing investors including Bill GatesLux Capital and Liberty Global and new investors Osage University Partners and The Kresge Foundation.

The company intends to use the funds to accelerate its growth plans.

Led by Chief Executive Officer Vern Fotheringham and newly promoted Bob McCambridge (president and chief operating officer), Dr. Nathan Kundtz (executive vice president and chief technology officer), and John Schilling (executive vice president and chief financial officer), Kymeta is commercializing a new metamaterials-based antenna for satellite communications. The company leverages a patented metamaterials technology that dynamically steers antenna beams with no moving parts, resulting in flat, thin and adaptable antennas and communication terminals.

Read more at Finsmes

About Kymeta

The world’s demand for ubiquitous mobile connectivity is irrefutable. A global, mobile network is the answer to connecting people and places that have never been connected before.

Kymeta is making seamless, always-connected mobile communications possible with a unique hybrid approach that enables satellite and cellular networks to deliver a single, global, mobile network. End-to-end mobile communications are delivered with Kymeta K?LO™ connectivity services, and the world’s first and only electronically-steered, flat-panel satellite terminal that goes places traditional satellite dishes cannot. Backed by U.S. and international patents and licenses, the Kymeta KyWay™ terminal makes high-throughput, mobile communications possible in cars, trains, buses, trucks, boats, and much more.

If it moves, Kymeta keeps it connected.

For more information, visit kymetacorp.com and KALO.net.

Business Inquiries for Kymeta
Sam Christensen Marketing Kymeta
+1 425.658.8703
Media Inquiries for Kymeta
Melanie McBride Vice President, Content and PR The Summit Group
+1 801.990.8464