What is FreeWave?
Founded in 1993 and headquartered in Boulder, Colorado, FreeWave Technologies specializes in the design and manufacturing of secure machine-to-machine wireless networking, communications, and computing systems. The company serves a critical role in enabling robust and reliable connectivity for industrial applications, facilitating the seamless flow of data in demanding environments. Its solutions are pivotal for sectors requiring dependable M2M communication.
How much funding has FreeWave raised?
FreeWave has raised a total of $115.7M across 3 funding rounds:
Private Equity
$113M
Debt
$1M
Debt
$1.7M
Private Equity (2007): $113M with participation from TA Associates
Debt (2020): $1M led by PPP
Debt (2021): $1.7M supported by PPP
Key Investors in FreeWave
TA Associates
TA Associates is a global private equity firm that partners with high-quality companies to accelerate growth and create lasting value. Leveraging deep industry expertise and strategic resources, the firm focuses on technology, healthcare, financial services, consumer, and business services. With a collaborative approach, TA Associates works closely with management teams worldwide to scale profitable businesses and drive long-term success.
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for FreeWave?
The recent major strategic investment signals a phase of accelerated growth and potential expansion for FreeWave. This backing is likely to fuel further innovation in their secure wireless networking solutions, potentially targeting new industrial verticals or enhancing existing product lines. The company's trajectory suggests a focus on solidifying its market leadership and capitalizing on the increasing demand for industrial IoT and connected enterprise systems.
See full FreeWave company page
