About Spotwave
Spotwave is a Telecommunications company based in Kemptville (Canada) founded in 2000, and was acquired by Kavveri Telecom in January 2008. Indoor wireless coverage is enhanced through signal boosters and repeaters. Spotwave has raised $32.34 million across 5 funding rounds from investors including Motorola Mobility, Royal Bank of Canada and Kavveri Telecom. Its focus areas include Telecom, Telecom Infrastructure Tech, Transport Network and Equipment.
Company details
Spotwave was established in 2000 in Kemptville, Canada, within the telecommunications sector. Indoor coverage solutions are delivered via intelligent signal boosters and repeater systems designed for cell phones, PDAs, and other wireless devices. These systems are deployed in homes, small offices, and commercial facilities to extend signal reach. Installation services and technical support are provided to ensure operational reliability across targeted environments.
- Headquarters Kemptville, Canada
- Stage Acquired
- SectorsTelecommunications
- Phone•••• ••••
- Website spotwave.com
- Social LinkedIn Facebook
- Acquired by Kavveri Telecom (Jan 2008)
- Total Equity Funding$32.34M (USD)
in 5 rounds
- Latest Funding Round$10M (USD), Series D
Jan 2006
- InvestorsMotorola Mobility
& 9 more
- Acquired byKavveri Telecom
(Jan 2008)
Funding Insights of Spotwave
Spotwave has successfully raised a total of $32.34M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $10 million completed in January 2006. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $32.34M
- Total Rounds 5
- Last Round Series D — $10M
- First Round $1.94M
(May 2001)
- Investors Count 9
All 5 funding rounds of Spotwave with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2006 | $10M | Series D | – | Motorola Mobility | |
| Aug 2004 | $3.8M | Debt – Conventional | – | – | |
| Aug 2004 | $5.4M | Series C | – | – | |
| Jan 2002 | $15M | Series B | – | – | |
| May 2001 | $1.94M | Series A | – | – |
10 investors in total: 10 institutional.
Investors in Spotwave
Spotwave has secured backing from 10 investors, including institutional and venture fund investors. Prominent investors backing the company include Motorola Mobility, Royal Bank of Canada and Kavveri Telecom.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused stage-agnostic venture capital firm | rtf.vc | San Francisco, United States | ||
Private equity buyouts are targeted by the investment firm. | vgpartners.com | Toronto, Canada | ||
Early-stage equity funding is provided by Skypoint Capital Corporation. | skypointcorp.com | Nepean, Canada | ||
Tech & Energy focused investment management firm investing primarily in Canada | venturelinkfunds.com | Toronto, Canada | ||
Stage-agnostic sector-agnostic VC firm investing in Canada and the US | growthworks.ca | Vancouver, Canada | ||
A management consulting firm focused on small and medium enterprises. | venturecoaches.com | |||
Mobile devices, cases, tablets, and screen protectors are offered online. | 1928 | motorola.com | Chicago, United States | |
Offers a comprehensive suite of IT services to support daily business operations. | 1995 | primaxis.com | Melbourne, Australia | |
Comprehensive banking and financial services are provided globally. | 1864 | rbc.com | Toronto, Canada | |
Provider of telecom antennas and components | 1991 | kavveritelecoms.com | Bengaluru, India |
Investor details for Spotwave
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Spotwave
4 dated milestones of Spotwave across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Spotwave is founded.
- Funding First funding round of $1.9M.
- Funding Latest funding round, Series D, of $10.0M.
- Exit Acquired by Kavveri Telecom.
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Frequently Asked Questions about Spotwave
Spotwave was founded in 2000 and raised its 1st funding round 1 year after it was founded.
Spotwave is headquartered in Kemptville, Canada. It is registered at Kemptville, Ontario, Canada.
Spotwave is a funded company, having raised a total of $32.34M across 5 funding rounds to date. The company's 1st funding round was a Series A of $1.94M, raised on May 2001.
Spotwave was established in 2000 in Kemptville, Canada, within the telecommunications sector. Indoor coverage solutions are delivered via intelligent signal boosters and repeater systems designed for cell phones, PDAs, and other wireless devices. These systems are deployed in homes, small offices, and commercial facilities to extend signal reach. Installation services and technical support are provided to ensure operational reliability across targeted environments.
Spotwave has 10 investors. Key investors include Motorola Mobility, Royal Bank of Canada, Kavveri Telecom, Rising Tide Fund, and VenGrowth VG Partners.
Yes. Spotwave was acquired by Kavveri Telecom in January 2008.