XetaWave, a Boulder, CO-based wireless technology provider, raised $7m in funding.
Backers remeined undisclosed.
The company intends to use the funds to develop its platform.
Founded in 2010 by CEO Jonathan Sawyer and Robert Campbell, XetaWave is developing a platform of software defined radios for oil and gas, water and wastewater, electric power, and the military applications. The current platform of radios includes Xeta1 (150-232 MHz), Xeta2 (216-232 MHz), Xeta3 (VHF/UHF 225-380Mhz), Xeta4 (406-512 MHz), and Xeta9 & Xeta9x (902-960 MHz).
The company will be relocating to Interlocken Business Park in Broomfield, Colorado to a 24,000 square foot facility that will enable it to establish an in-house manufacturing line for the production of its radios.