Dealflow

Funding of Innovative Startups

  • June 2005
  • By Andrew Madden

Clearwire, Nanomix, and more

   

Company Spotlight
Clearwire As wireless-communications entrepreneurs go, few can claim more distinguished records than Craig McCaw. His biggest coup came in 1994, when he sold McCaw Cellular Communications to AT&T for $11.5 billion. Now, as CEO and chairman of Clearwire, McCaw is challenging cable and DSL service providers with wireless broadband service.

Last year, Clearwire bought NextNet Wireless, which supplies it with wireless equipment. Also last year, McCaw made a large investment in Microcell Telecommunications, a Montreal-based provider that could provide a foothold in the Canadian market. Currently, Clearwire offers its wireless broadband service in Daytona Beach, FL, Jacksonville, FL, Abilene, TX, and St. Cloud, MN.

 

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