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SignalPlus Secures $11 Million in Series B Funding to Revolutionize South African Telecommunications

SignalPlus

Funding Amount
USD 11.0M
Company Size
2-10 employees
Industry
Information Technology & Services

In an exciting development for South Africa’s telecommunications landscape, SignalPlus proudly announces the successful raising of R11 million in funding to further its mission of connecting the nation's rural communities to high-speed internet. Based in the heart of South Africa, SignalPlus specializes in delivering cost-effective mobile data solutions through partnerships with leading network providers such as Telkom, MTN, and Vodacom. With a team renowned for their expertise in communicating even from the most remote areas, SignalPlus has honed its ability to tap into hard-to-reach signals using state-of-the-art technology combined with a spirit of perseverance or "Vasbyt," as it is locally known. The newly acquired funds will be instrumental in expanding our infrastructure and enhancing our capabilities in fiber optics and WiFi deployment, which are essential for effectively bridging the digital divide across rural South Africa. By investing in new equipment and innovative projects, SignalPlus aims to scale its operations, ensuring that underserved communities gain access to reliable internet services that are critical for education, economic development, and social connectivity. This funding marks a significant step forward for SignalPlus as it endeavors to be a comprehensive one-stop solution in telecommunications, enabling the promise of a connected future for all South Africans, regardless of their geographical location.

January 24, 2025

Buying Signals & Intent

This company has expressed interest in the following products and services:

Analyzed by AI based on company activities and public data
  • Voice Over IP
  • Remote Internet Services
  • Equipment Financing
  • Digital Marketing Services
  • Web Development

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