Gogo is an Itasca, IL-based developer of in-flight connectivity and wireless in-flight digital entertainment solutions. The company provides connectivity partnerships with multiple major airlines including American Airlines, Air Canada, AirTran Airways, Alaska Airlines, Delta Air Lines, Frontier Airlines, United Airlines, US Airways and Virgin America. Its entertainment partners include American Airlines, Delta Air Lines, Scoot and US Airways. Gogo intends to use the proceeds from the financing to support its global expansion and for general operating purposes. The company is led by executive vice president and CFO Norm Smagley. Financially, Gogo closed a $113M debt financing that supplements an existing $135M credit facility arranged by Morgan Stanley and J.P. Morgan in June 2012. Gogo provides in-flight connectivity and wireless in-flight digital entertainment solutions to commercial airlines. Its network and services allow passengers with Wi‑Fi enabled devices to get online on more than 1,500 commercial aircraft, including all domestic AirTran Airways and Virgin America flights, all domestic mainline Delta Air Lines flights and select Air Canada, Alaska Airlines, American Airlines, Frontier Airlines, United Airlines and US Airways flights. Led by president and CEO Michael Small, the company has over 400 employees in Itasca, IL; Broomfield, CO; and London. Gogo closed a $135M credit facility with Morgan Stanley and J.P. Morgan and intends to use the debt for its international expansion plans and other general corporate purposes. It recently announced a partnership with equipment provider AeroSat to deliver satellite antenna, radome, antenna control and modem units and a high power transceiver. The company has memorandums of understanding with SES and Inmarsat to allow it to offer Ku and Ka-band satellite solutions to commercial airlines globally in the near future. Gogo provides in‑flight Wi‑Fi service to passengers on major carriers. The service is available on American, United, Delta, Virgin America, and Air Canada. Aircell, Gogo’s parent company, reported the service handled 3 million sessions between Thanksgiving and New Year’s. The company saw promotional use when Google offered free Gogo on all flights during that period. Airlines favor Gogo because it distracts passengers and generates ancillary revenue without the capital expense of installing seatback TVs or on‑demand systems. According to reporting cited in the article, Gogo is doing well financially and recently raised additional capital to support operations.

Total raised

$283M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Apr 2013