Tuesday, July 7, 2009

Wavelink Gains Investment

Midvale, Utah-based Wavelink, a developer of software for managing wireless infrastructure, reported today that it has raised a round of investment from private equity firm Westview Capital Partners. Amount of the investment was not disclosed. Wavelink said it would use the funding for growth and future expansion of its produt offering. Rick Williams and Jonathan Hunnicutt of WestView Capital join the firm's board as part of the investment; Wavelink said its management will retain full operating authority for the company. More information »