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Wireless marketplace Spectrum Bridge takes $8.1M

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Published December 2, 2008 at 11:52 AM

spectrum-bridge.jpgSpectrum Bridge Inc., the creator of the SpecEx.com marketplace for wireless spectrum, has closed an $8.1 million second round of venture funding that includes first-time investor Espirito Santo Ventures of Lisbon. Prior investors following on in the new round included True Ventures, Technology Development Fund, and Milcom Venture Partners, which invested alongside the startup's management team.

Lake Mary, Fla.-based Spectrum Bridge launched its service in September. The site is primarily intended as a secondary marketplace for buyers and sellers of wireless spectrum, including leasing arrangements. Spectrum Bridge previously raised $2 million in its first round of funding, according to this report. -- Paul Bonanos

See press release from Spectrum Bridge

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