Dejero, a Waterloo, Ontario, Canada—based company that combines IP networks for video transport and Internet connectivity while mobile or in remote locations, received CAD$32m in financing.
The investment came from Kayne Partners, the growth private equity arm of Kayne Anderson Capital Advisors LP, an investment firm managing approximately $25 billion in assets and satellite leader Intelsat. Intelsat, a strategic investor, provides integrated satellite communications on a global basis and is already a collaborating partner in the Dejero CellSat solution, which intelligently combines cellular connectivity from multiple mobile network providers with Ku-band IP satellite connectivity. As part of this financing round, Leon and Rob Shilton, also of Kayne Partners, will be joining the Dejero board of directors. Also joining the board is Michael DeMarco, Intelsat’s Executive Vice President of Operations
The company intends to use the funds to accelerate its product development roadmap and its global expansion into the broadcast and media market. The investment will be used largely to fund development and commercialization of its blended connectivity solutions into new markets.
Led by Bruce Anderson, CEO, Dejero provides connectivity by blending cellular, satellite and other IP connections from multiple network providers to deliver the bandwidth required to exchange high throughput, low latency video and data. Its cloud-managed solutions are used by news organizations to report live from around the world, and to provide Internet connectivity in remote locations or while mobile.
With its global partners, the company supplies the equipment, software, connectivity services, cloud services, and support to provide the uptime and bandwidth.
FinSMEs
30/11/2017