AvaLAN Wireless Snares $700K Series B

Alabama-based Avalan Wireless Systems, Inc. Received more than $700,000 in Series B funding under the Huntsville Angel Network Avalan is a fast-growing company developing unique and secure industrial wireless technology. Additional participation in the round was provided by the Auburn Angel Network and a number of private individual investors, including Pete Bodine and Spencer Tall, both managing directors of Allegis Capital in Palo Alto, California.

“This is an important growth-financing event for Avalan Wireless because it increases our financial resources and enables us to accelerate our growth in new markets and new products,” said Matt Nelson, Chief Executive Officer of Avalan Wireless Systems, Inc.

The company’s strategy to focus on explosive growth in the smart grid, IP-based security, digital signage and government cryptography markets has already resulted in an increase in the sales pipeline. Increases in its working capital position will ensure sufficient funding to fuel Avalan’s next phase of growth beyond the 40,000 industrial wireless devices already shipped.

Avalan Wireless System, Inc. Specialist in the long-range wireless Ethernet industry with point-to-point products, point-to-multipoint systems and mesh networking. It offers robust and reliable solutions for both the 900 MHz non-sight line and the 5 site line. 8 GHz Ethernet wireless technology Avalan solutions offer affordable Ethernet connectivity at the edge of the network, connecting machines to the internet and machines to machines. Avalan provides customers with a way to replace expensive wiring with a wireless Ethernet solution that can remotely connect surveillance cameras, digital signage, biometric scanners, access control devices and industrial networking. Avalan products offer the ideal combination of price, data rate, security, interference prevention, quality of service and ease of use that professional installers and industrial applications require. Avalan Wireless System, Inc. Headquartered in Madison, Alabama, with remote offices in California and Canada.

Avalan Wireless Systems, Inc.
Founded in the heart of California’s high-tech Silicon Valley in 2004, AvaLAN Wireless (“AvaLAN”) is the industry’s leading developer and manufacturer of long-range industrial wireless radio technology. Avalan products are designed to allow affordable wireless connections in remote or perimeter locations. Specializing in non-licensed 900 MHz, 2 4 and 5 GHz 8 GHz radio bands, Avalan offers a wide range of Ethernet bridge products and point-to-multipoint wireless networking products. Avalan Wireless System, Inc. Headquartered near Huntsville, Alabama, you can contact us at 866-533-6216, by email at info(at)avalanwireless(dot)com, or by visiting Wireless avalan Com