# BliNQ Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/blinq-networks

- Industry: IT Infrastructure
- Headquarters: Plano, US
- Website: www.blinqnetworks.com
- Total disclosed funding: $23M
- Latest round: Series B (Sep 8, 2014)
- Investors on record: 5

## About

BliNQ Networks Inc. specializes in providing innovative 4G and 5G connectivity solutions that enhance network performance across various industries, including industrial, hospitality, education, and healthcare.Founded in 2010 in Plano, US, BliNQ Networks Inc. focuses on advanced connectivity solutions. In October 2016, the company was acquired by Communication Components Inc. The firm has engaged in five funding deals, the latest being a Series B round in 2016, where it raised USD 15.10 mn led by WinFund, with investors including BDC Capital, Kensington, New Venture Partners, and Summerhill Venture Partners.BliNQ Networks offers a comprehensive suite of all-in-one 4G and 5G connectivity solutions tailored for diverse industries, including industrial, hospitality, education, and healthcare. Their primary products focus on enhancing connectivity through innovative technologies such as the PCW-400i, an indoor 5G Small Cell designed for small and medium-sized businesses, along with outdoor solutions that extend Wi-Fi and 5G coverage. BliNQ aims to simplify the deployment of advanced network solutions and democratize network ownership, allowing businesses and individuals to enhance their connectivity infrastructure.BliNQ Networks generates revenue primarily through direct sales of its connectivity solutions, including the PCW-400i and its LTE solution in a box. The company operates under a business-to-business model, partnering with clients to develop tailored network solutions. Revenue is derived from both initial equipment sales and ongoing service agreements, which provide customers with comprehensive network capabilities that align with their operational requirements.BliNQ Networks plans to expand its product line by launching advanced 5G solutions aimed at specific industries and anticipates introducing these products by late 2023. The company is also targeting expansion into new markets in Europe and Asia by 2024. The recent funding from the Series B round will be utilized to support research and development for these new products, as well as to enhance marketing efforts in the emerging markets.

## Funding rounds

- Series B, Sep 8, 2014, $15M — Kensington Capital Partners, BDC Capital, New Venture Partners, WinFund, Summerhill Venture Partners
- Series A, Feb 7, 2011, $7.4M — BDC Capital, New Venture Partners, Summerhill Venture Partners

## Investors

- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series A, Series B
- New Venture Partners (https://capitalatlas.ai/funds/new-venture-partners) — Series A, Series B
- Summerhill Venture Partners (https://capitalatlas.ai/funds/summerhill-venture-partners) — Series A, Series B
- Kensington Capital Partners — Series B
- WinFund — Series B