European Wi-Fi operator gets 15M EUR for expansion
The Cloud, a UK-based operator of Wi-Fi hotspots in Europe, has closed a €15 million round of financing from its current investors (Ferd Venture of Norway and GP Bullhound). The company will use the funds to expand its network of locations across Europe. At present, their hotspots are mostly in the UK, Germany, Sweden and Denmark, and they have partnerships with iPass (the Wi-Fi hotspot aggregator), O2, Orange and Vodafone.
Recently, BT announced the termination of its partnership with The Cloud…




