Seville based start-up Galgus has received a cash injection of €4 million to help in its campaign to spread its intelligent WiFi technology. The new funding comes courtesy of Spanish investors by GED Capital, Mundi Ventures and GoHub Ventures.
Galgus was founded nine years ago and is perhaps best known for its Cognitive Hotspot™ Technology (CHT). According to the company, CHT is an embedded generic software that adds intelligence to WiFi networks and optimizes spectrum efficiencies for routers and Access points.
The fresh funding will fuel Galgus’ aim to keep expanding internationally and respond to growing demands across markets – especially in the USA.
Galgus has become an important player in the on-board WiFi connectivity market and its technology is widely used on planes and trains. Indeed, the company claims that it has over 5,000 devices installed on aircraft across the world. Its Galgus Smart WiFi product is being deployed by Telefónica, Boeing, Hoteles Barceló, Cellnex, Adif, Netoip and Icomera amongst others. It is also to be found at stadiums, convention halls, shopping malls and stations.
The Full Programme the 2022 WiFi on Trains Conference is out now … www.Traincomms.com
Galgus has developed its own in-house Location Analytics technology, which the consulting giant Gartner went out of its way to recognise as being potentially disruptive worldwide. The Spanish tech company says that the addition of location analytics to its WiFi software can greatly increase the value of the data collected by businesses and owners of large public spaces.
Commenting on the renewed round of investment, José González, CEO and co-founder of Galgus, said, “Digital transformation is opening up new opportunities where high-quality WiFi connectivity is in high demand. With this boost, we will be able to capture a high volume of international business that will allow us to position ourselves as a global benchmark in the sector. Thanks to our nine patents, we have a clear competitive advantage, especially in geolocation analytics, well ahead of the leading brands in the sector. We have to take advantage of this to accelerate our international expansion.”
WiFi on board trains as well as track-side coverage and new innovations in the rail industry using wireless connectivity will all feature heavily in this year’s Traincomms Conference.
The Full Programme is Available now … www.Traincomms.com
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This year’s Conference is sponsored by Westermo, Nomad, GlobalReach Technology and RADWIN.
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As many companies start to look forward into 2022, and how they can increase their revenues, remember that BWCS is available for ad hoc consultancy to support your aspirations. Our core competencies including Understanding your markets, Growing your business, and Modelling your business options. Although we are best known for our work in the Transport sector, we also work in the Defence & Security and the Telecommunications Sectors too. Please get in touch to discuss your requirements and if we can help we will, and if we can’t we will tell you so… ChrisBD@BWCS.com