Aerwave, a Houston, TX-based provider of a managed WiFi platform for multifamily owners, raised $20M in Series B funding.
The round was led by Moderne Ventures and a S&P 500 REIT, joined by Dominicus Wireless.
The company intends to use the funds to support the advancement of its platform, as well as continued client growth.
Led by CEO Jeff Kok, Aerwave provides a connectivity foundation for real estate, which uses fiber-based mesh networking and proprietary software to provide multifamily communities with instant-on, gigabit-plus internet that ensures a seamless WiFi connection throughout the entire property.
Since forming in 2019, Aerwave has amassed a portfolio of more than 34,000 apartment homes spanning 28 markets across the nation.
FinSMEs
17/09/2024