Chamber Member Cradlepoint Looking to Expand Overseas

via Idaho Statesman

One of our Boise Chamber members, Cradlepoint, Inc., is making news today. The company's substantial growth coupled with a recently acquired $48 million in confident investors' money is encouraging CEO George Mulhern to make some ambitious decisions about the company's future products and satellite locations.

Founded in 2006, Cradlepoint is a privately owned company with headquarters here in Boise. The company sells wireless routers and services to businesses, including stores, restaurants, financial service companies, kiosk operators and bus systems. Clients typically use Cradlepoint routers and services to process payments and operate computer networks across dozens, hundreds or even thousands of locations on a single, secure and unified system with wireless connections. The company began nine years ago as a maker of mobile WiFi hotspots but later evolved to serve the business-networking market.
 
The investor money will allow the company to invest in its rapidly growing cloud-based services platform, Mulhern said. Cradlepoint plans to increase staffing at its five-employee office in London to tap Western European markets. Mulhern said the company plans to expand into the Middle East and South Africa before moving into Australia and parts of Asia and Latin America.
 
Click here to read more about Cradlepoint, Inc. from the Idaho Statesman.
 
 

Location

Cradlepoint, Inc.
805 W. Franklin St. Boise, ID 83702
United States
US