Monday, June 11, 2012

Row 44 Raises $45M

Westlake Village-based Row 44, the provider of inflight Wi-Fi and entertainment services headed by John LaValle, announced today that it has raised $45M more in financing. The round came from Advanced Inflight Alliance AG (AIA) and prior investor PAR Capital Management. Row 44 said the funding will go towards broadening the firm's offerings and expand its infrastructure. Advanced Inflight Alliance is a provider of content for in-flight entertainment. Row 44 explained that part of the investment will go towards infrastructure for its European and Trans-Asia airline customers. The firm recently inked deals with Transaero and Icelandair to provide its Wi-Fi services to those firms; Row 44 uses satellite links which allow for Wi-Fi connections, even if airplanes are currently over sea, compared with most competitors, who are using land-based cell phone and ground stations. More information »