Transit Wireless

company

About

Transit Wireless offers DAS networks, Wi-Fi services, and fiber business solutions.

  • 51 - 100

Details

Last Funding Type
Series B
Last Funding Money Raised
$35M
Industries
Information Technology,Wireless
Founded date
Jan 1, 2005
Number Of Employee
51 - 100
Operating Status
Active

Transit Wireless offers DAS networks for underground stations in the New York City subway system; Wi-Fi services for public, private, and business applications; and fiber business solutions. The company has a license to design, deploy, and operate an independent, open-access wireless network to provide coverage in the New York City subway system’s underground stations.


Transit Wireless designs and builds Distributed Antenna System (DAS) networks globally which serves as a neutral host to the subway system's wireless technology. Base stations of wireless carriers that have contracted with Transit Wireless to provide voice and data service to their customers in underground New York City subway stations are located at a Transit Wireless Base Station Hotel in order to connect to its radio interface and optical distribution system. A Network Management System monitors the service, detects problems, and provides alerts so that technicians can be dispatched if necessary.


Transit Wireless’ Wi-Fi offers free and subscription-based consumer internet connectivity, media and content delivery, wholesale and roaming services, cellular offload, private networks, and M2M connectivity.


The company provides several fiber optic connectivity solutions, including Ethernet, dark fiber, Internet, wavelengths, and carrier-neutral co-location.
Transit Wireless is partnered with the Metropolitan Transportation Authority (MTA) and New York City Transit (NYCT). The company’s wireless and W-Fi network enables coverage and passenger access to transit apps, location-based applications, rider awareness campaigns, local business support, E911, and support for NYC Transit Authority Services.


The project of providing wireless and W-Fi connectivity to the subway system is structured in seven phases. Transit Wireless launched the first official phase of the project in April 2013, which included 30 stations in the Midtown and Upper West Side areas of Manhattan. Phase 2 was launched in October 2014 covering the entire borough of Queens and several stations in Manhattan, including Bryant Park, Herald Square, and Grand Central Terminal. The entire 279 station project is expected to be completed by 2017.


Transit Wireless was founded in 2005 and is based in New York, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$35M
Transit Wireless has raised a total of $35M in funding over 2 rounds. Their latest funding was raised on Oct 1, 2009 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 1, 2009 Series B $35M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
Transit Wireless is funded by 1 investors. Macquarie Group are the most recent investors.
Investor Name Lead Investor Funding Round
Macquarie Group Series B