Spectrum Bridge closes $7.4M for radio spectrum auctions
Radio spectrum marketplace Spectrum Bridge just brought in a $7.38 million tranche of an anticipated $8.15 million second-round of financing. Espirito Santo Ventures, Milcom Technologies, Telecommunications Development Fund and True Ventures contributed. The Lake Mary, Fla.-based company aims to give licensed spectrum holders an opportunity to monetize unused segments by auctioning them off to other companies, educational institutions, and government agencies looking for a deal on quality, licensed airwaves.
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About the Author, Camille Ricketts
Camille is the lead writer for GreenBeat. She came to VentureBeat from Google where she worked on its traditional platforms team, particularly in TV. Before that, she was a reporter for the Wall Street Journal in New York and London. Follow her on Twitter at @camillericketts, and follow VentureBeat on Twitter at @venturebeat.
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