Menu
Montecito
Pac Premier
Giving Guide
Loading...
You are here:  Home  >  Current Article

High-wireless acts: Row 44, Sonos capitalize on move toward WiFi

By   /   Monday, September 20th, 2010  /   Comments Off on High-wireless acts: Row 44, Sonos capitalize on move toward WiFi

    Print       Email

The world is going wireless, and two tri-county firms have raised $62 million as proof.

Westlake Village-based Row 44 and Santa Barbara-based Sonos are building businesses around consumers’ burgeoning demand to stay connected to their digital lives wherever they are. Row 44 operates an in-flight wireless Internet service and is installing it on Southwest Airlines’ fleet, and Sonos makes systems to beam different streams of music to any room in a home.

Investors have made big bets on both in recent months. Row 44 announced a $37 million investment from PAR Capital and other investors on Sept. 8 to fuel its international expansion. Sonos has it sights set on Europe and Asia as well. It raised $25  million in March, according to regulatory filings.

The full version of this article is only available in the print edition. To view everything the Business Times offers, see this week’s print version or SUBSCRIBE to the print edition for $49.99 today.

    Print       Email