veniam picks up $4.9m to turn buses into wi-fi hotspots

Post on 06-Jul-2015

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Veniam, a company that leverages moving vehicles to bring more complete wireless Internet to municipalities, today announced that it has raised a $4.9 million Series A round of funding led by True Ventures, and participated in by Union Square Ventures. The company told TechCrunch that its prior angel investors also took part in the deal on a pro-rata basis, keeping their percentages in the firm whole.

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