The company, which is developing mobile device-to-device technology, has now raised $3.5m from investors including Qualcomm and China-based 21Vianet.
US-based wireless network infrastructure software company M87 has secured $3m in series A funding from Qualcomm Ventures, which acts as the corporate venturing arm of wireless technology producer Qualcomm, data centre services provider 21Vianet, and angel investors.
M87’s technology uses crowdsourcing technology to get the optimum network connection by using multiple radio frequencies to increase network speed by up to 20 times and expand the range for mobile devices without a signal. It works by securely searching to find another…
