Expway develops LTE multicast solutions that enable multicast delivery from networks to devices, targeting use cases from in-stadium broadcasting to public safety. The company counts customers and partners such as Verizon Wireless, Huawei, NTT DoCoMo, Alcatel‑Lucent, Intel, Reliance Jio Infocomm and device makers like Sony. Proceeds from the recent financing will be used to scale global expansion—including a recently opened China office—and to develop products for LTE multicast adoption by public safety agencies. Expway says LTE multicast offers faster access to large data with improved economies of scale and reliability, which is driving public safety interest. Financially, Expway reports roughly 50% year‑over‑year growth and five consecutive years of profitability, and was ranked among leading startups in Deloitte’s Technology Fast 500 EMEA report.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2015