7signal Closes $4M Series B Financing

7signal, an Akron, OH-based wireless performance company, closed a $4m Series B financing.

The round was led by Allos Ventures and Mutual Capital Partners Funds (MCPF) with participation from existing investors such as the North Coast Angel Fund.

The company intends to use the funds to continue the rollout of its Sapphire product line throughout the United States and selected international markets.

Led by Jeff Reedy, CEO, 7signal provides a solution that provides continuous, real-time monitoring and recommendations for optimizing Wi-Fi/WLAN networks in mission-critical deployments found in healthcare, education and other enterprises.



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