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Network Wireless Solutions received a $35 million revolving line of credit from CIT Northbridge Credit to support their business operations.

PRIVATEJun 18, 2024

Amount Raised

$35 Million

Round Type

Funding Round

GreensboroWirelessTelecommunications

Description

CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $35 million revolving line of credit to Network Wireless Solutions, a provider of cable solutions and distributor of hardware infrastructure products. The financing will support NWS's business operations as they continue to execute on their strategic vision.

Who else raised in Wireless and Telecommunications around the same time

Companies in the same sectors as Network Wireless Solutions that raised within 45 days of this round, from Fundz verified event records.

  • Wytec International raised $25K on July 26, 2024.
  • VectorMAX raised $10K on July 31, 2024.
  • KWIKOM Communications raised $1.9M (Grant) on July 29, 2024.
  • VectorMAX raised $5K on July 8, 2024.
  • Millibeam raised $6M (Seed) on July 4, 2024.
  • Sostark raised $2.1M (Seed) on July 3, 2024.

Who to call at Network Wireless Solutions, and when

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Company Information

Company

Network Wireless Solutions

Location

Greensboro, North Carolina, United States

About

NWS is a telecom solutions pioneer empowering service providers, integrators, contractors, and organizations with wired and wireless solutions. Offering bespoke cable designs, kitting, logistics, distribution, and world-class products, NWS guarantees prompt delivery. They commit to delivering customized solutions to meet specific needs. NWS prioritizes innovation and technology, leading the way in the industry. Established in 2012, NWS offers reliable solutions to businesses and organizations of all sizes.

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Network Wireless Solutions raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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