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Published
01 March 2016
Category
Company News

GlobalReach Technology Secures $5 Million Funding For Rapid International Expansion.

New investment funds to be used for product development, international recruitment and operations in EMEA, Americas and APAC.

1 March 2016, London - GlobalReach Technology, the leading supplier of Wi-Fi AAA & captive portal solutions to the largest global wireless service providers, today announced it has secured $5 million funding to invest in the next stage of international growth. The investment will be used to develop its technology, grow international sales and operations.

Founded in the UK in 2009, GlobalReach Technology has created award winning Wi-Fi software using its proprietary technology. GlobalReach is used by some of the industry’s largest service providers to create and manage Wi-Fi products and services for its enterprise and consumer customers. GlobalReach delivers billions of authentications across the globe with a growing customer base including BT, Level 3, Virgin Media and Vodafone.

The company has a solid track record of wireless leadership. It was first to deliver an advanced robust public Wi-Fi for the London Underground; first to deliver large-scale municipal Passpoint™ Hotspot 2.0 deployment connecting San Francisco and San Jose Public Wi-Fi, and the first and only online signup server for all major operating systems & Passpoint™ Hotspot 2.0 devices.

Already an international business with offices in four countries, the investment accelerates the next phase of its international presence

Mark Williamson, Chief Executive Officer, GlobalReach Technology said: “GlobalReach has seen rapid growth in demand for its carrier grade Wi-Fi software. We are excited to build on our proven technology, deployed in some of the most challenging wireless networks, and grow the business into its next phase to meet customer demand.

The funding was via BOOST&Co, a specialist SME lender.


 

About GlobalReach Technology:

GlobalReach Technology is the Wi-Fi AAA and captive portal platform purpose-built for the world’s largest service providers, who use it to manage multiple, complex wireless services for their business customers.

Its software and cloud-based platform powers some of the world’s most complex Wi-Fi services, delivering billions of authentications a year. These include San Francisco, San Jose, New York, London, Sydney, Mexico and throughout Europe.

Media contact:

Kate Cleevely
kate.cleevely@globalreachtech.com
T. +44 (0) 7754 920043