7Signal Closes $7M Financing Round

7Signal, a Cleveland, OH-based Wi-Fi performance company, closed a $7m Series C financing round.

The company intends to use the funds to conduct a variety of growth initiatives and platform enhancements that will further support its global customer base.

Led by Tom Barrett, president and CEO, Veli-Pekka Ketonen, founder and Chief Innovation Officer, and Russell Wangler, CTO, 7Signal provides a cloud-based Wi-Fi performance management platform that continually monitors Wi-Fi network performance from the end user’s point of view 24 hours a day, seven days a week for global organizations.
The platform crowdsources Wi-Fi experiences from actual devices (including workstations on wheels, point-of-sale devices, and tablets and laptops in hospitals, manufacturing and distribution centers, retail organizations and enterprise office spaces all around the globe) on the edge of a network, and find and fix Wi-Fi issues proactively.



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