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July 9, 2013

Kymeta Gains $50M For Satellite Antennas

Tuesday, July 9, 2013 Redmond-based satellite antenna technology developer Kymeta has raised a big, $50M funding round this morning, to help accelerate […]

Tuesday, July 9, 2013

Redmond-based satellite antenna technology developer Kymeta has raised a big, $50M funding round this morning, to help accelerate the company’s growth. Kymeta said the $50M, Series C funding came from Bill Gates, Lux Capital and Liberty Global, along with new investors Osage University Partners and The Kresge Foundation. Kymeta is developing new materials being applied to satellite communications, which is aimed at high-speed communication services to businesses, consumers, governments and NGOs. The company was spun out of patent storehouse Intellectual Ventures

Read more at Northwest Innovation

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