What is Kwikbit Internet?
Kwikbit Internet, based in Minneapolis, MN, is a wireless technology company specializing in 60 GHz millimeter wave radios. Their proprietary cloud and edge automation tools are designed for the rapid deployment of multi-gigabit wireless networks, addressing the growing demand for high-speed connectivity where and when it is needed. The company's focus on advanced wireless infrastructure positions it within the rapidly evolving telecommunications and networking industry.
How much funding has Kwikbit Internet raised?
Kwikbit Internet has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$841K
Debt (2020): $350K with participation from PPP
Debt (2021): $841K led by PPP
Key Investors in Kwikbit Internet
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Kwikbit Internet?
The recent major strategic investment suggests Kwikbit Internet is poised for significant scaling and market expansion. This capital infusion will likely be directed towards enhancing product development, broadening network deployment capabilities, and potentially entering new geographic markets. The company's enterprise-level funding context indicates a transition towards a growth phase, aiming to solidify its position as a key provider of next-generation wireless solutions.
See full Kwikbit Internet company page
