Premier provider of Wi-Fi AAA and captive portal platforms for service providers strikes deal with U.S.-based Gate Worldwide Holdings to capitalise global expansion initiative and facilitate move to North American headquarters.
London & New York, 23 January 2018 – GlobalReach Technology, a leading global provider of high-performance Wi-Fi software, service and analytics to the world’s leading service providers and their customers, today announced the completion of a multimillion-dollar strategic investment by Gate Worldwide Holdings, a privately funded venture capital company, based in New York.
GlobalReach, currently headquartered in London, provides a highly configurable, scalable, and globally distributed technology platform that enables telecommunication providers and enterprises to deliver, manage, and monetise Wi-Fi services. Built on proprietary technology, their award-winning captive portal, cloud-RADIUS / AAA wireless platform provides robust public Wi-Fi for major mass transit systems, including the London Underground, and large-scale municipal networks, including New York, San Francisco and San Jose, allowing seamless connectivity for transient users. Its clients include Vodafone Group, Virgin Media, CenturyLink, Telecom Malaysia and Ruckus Wireless, the platform supports billions of authentications, supporting hundreds of various devices and operating systems.
The investment by Gate Worldwide Holdings will support the international expansion of GlobalReach as a U.S. entity (GlobalReach Technology, Inc.) and allow it to capitalise on its success as a market leader in Wi-Fi solutions. Later this year, the company will release a hospitality-focused solution that combines its market-leading Passpoint capability with centralised PMS authentication to maintain a single user store across multiple venues and brands without adding latency.
“We chose to invest in GlobalReach, based on its excellent reputation within the global Wi-Fi sector, as well as its market-leading platform, which addresses the growing need for custom-fit Wi-Fi products and services,” says Ted Helvey, Managing Partner at Gate Worldwide Holdings. “With our support, we believe that GlobalReach will be able to further accelerate its growth and penetration into new global markets and verticals to become the go-to provider for Wi-Fi authentication and management services worldwide.”
Nigel Wesley, Founder and CEO of GlobalReach, adds, “We are thrilled to have Gate Worldwide Holdings as our equity partner and look forward to maximising the potential of our advanced software platform. With an expansive and diverse client base to build on, GlobalReach is now firmly positioned to take advantage of the significant opportunities that lie ahead, with several major announcements to come in the first half of 2018.”
Due to its new status as a U.S. Corporation, GlobalReach Technology, Inc. plans to establish new world headquarters in Silicon Valley, California. Operating as a UK Subsidiary (GlobalReach Technology EMEA), the London office will continue to play a cornerstone role in the global company, retaining all of its staff and existing management team.
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About GlobalReach Technology:
GlobalReach Technology is the Wi-Fi AAA and captive portal platform purpose-built for the world’s largest service providers, who use it to manage multiple, complex wireless services for their business customers.
Its software and cloud-based platform powers some of the world’s most complex Wi-Fi services, delivering billions of authentications a year. These include San Francisco, San Jose, New York, London, Sydney, Mexico and throughout Europe.