AAA Relay2 runs to $10m series D

Relay2 runs to $10m series D

Relay2, a US-based wifi services platform developer backed by telecommunications form Rogers Communications, completed a $10m series D round backed by undisclosed investors yesterday.

Founded in 2011, Relay2 has created a platform that enables mobile network operators, wireline carriers and managed service providers to offer over-the-top wifi services and mobile applications to their customers.

Relay2 has not publicly disclosed any previous funding rounds, but lists Rogers’ corporate venturing unit Rogers Ventures and venture capital firm DFJ Athena as investors on its website.

The funding was announced at the same time as the appointment of Greg Daily as its chief executive officer. It plans to use the capital to expand its sales and marketing capabilities and accelerate growth, and has left the round open for potential additional funding.

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