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BLiNQ Networks is a Markham, Ontario-based telecommunications equipment manufacturer that develops advanced non-line-of-sight wireless backhaul products and 5G-ready wireless solutions for both fixed and mobile services. The organization focuses on engineering specialized wireless broadband technologies, including beamforming, wireless transport, and LTE eNodeB systems, to support global wireless internet service providers and broadband networks. Operating within the telecommunications hardware sector, the enterprise currently maintains a corporate workforce of 51 to 100 employees to support its international manufacturing and distribution operations. The company's global expansion, software engineering, and product delivery initiatives are managed by key executives including Hersh Shukla, Andrew Loftus, Pete Vavra, Ari Mark Sodhi, and Jaideep Deshmukh. By providing these core infrastructure components, the firm enables telecommunications network operators worldwide to deploy broadband connectivity across various geographic regions. BLiNQ Networks was originally founded in 2010.
BLINQ Networks has raised $32.5M across 3 funding rounds.
BLINQ Networks has raised $32.5M in total across 3 funding rounds.
BLINQ Networks has raised $32.5M across 3 funding rounds. Most recently, it raised $15.1M Series B in September 2014.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 9, 2014 | $15.1M Series B | WIN Fund | BDC Capital, Kensington Capital Partners, NEW Venture Partners, Summerhill Venture Partners | Announced |
| Sep 19, 2012 | $10M Venture Round | — | BDC Capital, NEW Venture Partners, Summerhill Venture Partners | Announced |
| Feb 7, 2011 | $7.4M Series A | — | BDC Capital, Daniel Deeney, JOE Catalfamo | Announced |
BLINQ Networks has raised $32.5M in total across 3 funding rounds.
BLINQ Networks's investors include WIN Fund, BDC Capital, Kensington Capital Partners, New Venture Partners, Summerhill Venture Partners, Daniel Deeney, Joe Catalfamo.