SAN DIEGO--()--Endeka Group, Inc., a leading end-to-end Wireless Internet Services Provider (WISP) and Managed Services Operator (MSO) for wireless internet systems, announced today a USD $4.2 million venture debt financing by Agility Lease Fund-lll, LLC and Trinity Capital Investment, LLC, two privately held firms specializing in financing and consulting for the Broadband Industry.
“Bringing Agility and Trinity on board as our newest sources of financing will allow us to continue to expand our capital base for growth into new markets”
“Bringing Agility and Trinity on board as our newest sources of financing will allow us to continue to expand our capital base for growth into new markets,” said Endeka President, Tim Rout. “We are very pleased at the expertise, validation and credibility that these new partnerships bring.”
“We are very excited to be a part of this project and providing services to the hard working men and women of our Armed Services,” said Bill MacNamara, Vice President of Agility Ventures, LLC. “This is a great opportunity for us to partner with the Endeka team and to once again work with our friends at Trinity Capital Investment.”
“We are pleased to provide financing for Endeka and their business model which includes providing a valuable and cost effective service for our country’s military personnel. We are equally pleased to be growing our partnership with Agility by co-funding another transaction in a market that they have strong operating experience,” said Steven Brown, President of Trinity Capital Investment.
The funding from Agility Ventures and Trinity Capital will support the expansion of Endeka’s wireless internet services in high demand markets throughout the U.S.
About Endeka Group, Inc.
Founded in 2008, Endeka Group, Inc., http://www.EndekaGroup.com is an end-to-end Wireless Internet Services Provider (WISP) and Managed Services Operator (MSO) for campus/MDU wireless internet systems. The company's engineers and technologists have been building solutions for government and corporate sites since 2004. In funding, design, implementation and 24x7 customer care the firm emphasizes innovative but proven solutions for internet, VoIP and IPTV.
About Agility Ventures, LLC
Agility Ventures specializes in leasing, financing and consulting for early-stage technology companies. Fully owned and managed by experienced executives, Agility has been offering sound, reliable opportunities to investors since 2004. Agility creates valuable relationships between their investors and the companies they invest in that result in financial benefits to both the investor and the companies being funded. For more information visit www.agilityventures.com.
About Trinity Capital Investment, LLC
TCI provides equipment lease and fixed asset debt financing to early stage and emerging growth companies, which allows the customer to leverage, maximize and extend its equity investment. TCI will finance most industries and a wide range of assets and will fund transactions ranging from $500,000 up to $5,000,000 with the ability to fund larger transactions with syndicate partners. TCI manages and invests its own capital and can react quickly to market opportunities.