Seapoint Ventures
719 Second Avenue Suite 1405, Seattle, Washington, 98104, United States
Overview
SeaPoint Ventures is a venture capital firm investing in communications companies in the wireless, broadband and network transactional infrastructure sectors. They invest primarily in the seed and early stage of the business life cycle and use partners’ substantial operational, financial and management experience to build successful businesses. SeaPoint Ventures invests in early stage communications companies in the wireless, broadband and network transactional infrastructure sectors. The partnership’s strength is derived from the extensive operational and entrepreneurial backgrounds of the individual partners, as well as its strategic affiliations and strong reputation within the venture capital and wireless communications industries. Partners at SeaPoint actively contribute their experience, relationships and ideas to the firm’s portfolio companies.
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Sector focus
- Communications Infrastructure
- Venture Capital
- Wireless
Investment portfolio
- Kineto Wireless
Participated · Equity · Nov 2010
Kineto Wireless is a Milpitas, CA-based supplier of smart offload solutions for smartphones. Its solutions enable mobile operators to use existing Wi‑Fi in subscribers' homes and offices to offload mobile voice and data services, improve mobile coverage, and provide competitive mobile VoIP services. The company also offers technology to enable voice over LTE. Kineto's customers and partners include AudioCodes, Cisco, GENBAND, HTC, Juniper Networks, LG Electronics, Motorola, NEC, Orange, Qualcomm, RIM, Samsung and T-Mobile. According to a regulatory filing it recently raised $3m in a financing composed of debt and equity. Investors disclosed in the filing include Venrock, Seapoint Ventures and Sutter Hill Ventures. Kineto Wireless develops software that enables mobile phones to operate on both cellular and Wi‑Fi networks. The company is advancing wireless base station (femtocell) technology aimed at expanding home broadband coverage. It is developing new 3G and 4G femtocells that would connect to customers’ existing broadband service to provide home-zone coverage and bridge gaps between coverage areas. Kineto raised $15.5 million in a fourth-round financing to advance that femtocell technology. Investors in the round included Motorola, Oak Investment Partners, Sutter Hill Ventures, Venrock, Seapoint Ventures and InterDigital Communications. Milpitas, California-based Kineto has previously received funding from the 3i Group, Mitsui & Co. and Storm Ventures.
Team
No current team members are available.