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NextNet Wireless

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Broadband fixed wireless access system

Burnsville, United StatesFounded 1998Consumer Services
Valuation $50–100M Last recorded · 2000
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About NextNet Wireless

NextNet Wireless, Inc. operated as a key developer of wireless broadband access systems, carving out a specific niche in the telecommunications equipment market before its acquisition. Founded in 1998, the Minneapolis-based company focused on creating non-line-of-sight (NLOS) wireless broadband infrastructure equipment. This technology was pivotal as it allowed for the delivery of high-speed internet services without requiring a direct, unobstructed view between the transmitter and receiver, a significant advantage in urban and varied terrains.

The company's primary product was an Orthogonal Frequency-Division Multiplexing (OFDM)-based NLOS plug-and-play system. This system was designed for telecommunications carriers, enabling them to build out and operate their wireless networks efficiently. Before its major corporate transactions, NextNet's technology was already deployed by carriers across five continents, demonstrating its global reach and the effectiveness of its solutions in various markets, including Asia, Africa, Canada, and Latin America.

A significant milestone in the company's journey occurred in June 2004, when it was acquired by Clearwire, the wireless broadband services provider founded by cellular industry pioneer Craig McCaw. Under this new structure, NextNet became a subsidiary of Clearwire, and its technology formed the backbone of Clearwire's national and international rollout of wireless internet service. This acquisition was part of McCaw's strategy to leverage superior technology for his ambitious wireless broadband deployment plans.

The final chapter for NextNet as a distinct entity came in July 2006. As part of a larger strategic move that included a $900 million financing round for Clearwire led by Intel Capital, NextNet Wireless was acquired by Motorola for an undisclosed amount. This acquisition was intended to broaden Motorola's global portfolio of wireless broadband equipment and accelerate the development and deployment of WiMAX networks. Following the acquisition, the NextNet team and its technologies were integrated into Motorola's Networks and Enterprise segment.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1998
Headquarters
Burnsville, United States
Employees
10
Open positions
None listed
Dealroom signal
52.0/100
Industry
Media
Sub-industry
Streaming
Sector
Consumer Services, Streaming, Video
Client focus
b2c

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Aug 2006 $0 — Motorola Solutions —
SEED✓Equity / VC Jul 2003 — — COM Investments —
Showing the latest 2 of 4 recorded eventsBook a demo for the full funding history →

Growth signals

NextNet Wireless website traffic

Latest recorded traffic for NextNet Wireless is 0 monthly website visits. NextNet Wireless's team grew 0% over the past year.

Latest monthly visits0 1-year team growth0%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

7 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • COM Investments

Series A5 investors entered at this stage

  • JIF Capital
  • DCM
  • Star Ventures
  • Cabletron Systems
  • Joe Costello

Other known investors1 additional known investor

  • Motorola Solutions
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇮🇶 Iraq100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about NextNet Wireless on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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