Wireless ISP Wifinity secures from Clydesdale Bank a pot of £10 million

Thursday, February 23rd 2017

Wifinity, the wireless provider, has won a £10 million investment from Clydesdale Bank, to help the ISP to upgrade its existing networks and to expand it further over the UK. ISP Wifinity specialises in building Wi-Fi style networks to social housing, holiday parks, events and even to the military.
Its customers include- the MoD, Holiday Resort Unity, Red Centre, Serco, Harvey Nichols and Park Resorts. Installations of the ISP include- at the Edinburgh Castle, the Tower of London, Buckingham Palace, Britannia Royal Naval College, Royal Military Academy Sandhurst and RAF Cramwell.
At the ISPA Awards for 2016, the Wi-Fi provider won the 'Best Consumer Customer Service' award. The company was listed on Tech Trade 100 of the Sunday Times. It won the Best Performing Company Telecoms and Networks of Megabuyte Emerging Stars.
Clydesdale Bank's Director of Corporate and Structural Finance, Mark Cook, said the bank's investment would drive the business forward and expand into new markets, helping the management. Wifinity's co-CEO, Aubone Tennant, said that entering into a long-term relationship with the bank will help them continue to respond to arising market opportunities. Since founding the business in 2007 they have delivered Wi-Fi to over 15,000 buildings, across 120 locations, connecting over 120,000 devices to their networks every month, he added.


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