Bill Gates Leads $85 Million Round In Company Outfitting Moving Vehicles With On-The-Go Internet, Cell Service

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I’m a San Francisco-based reporter covering breaking news at Forbes. I’ve previously reported for USA Today, Business Insider, The San Francisco Business Times and San Jose Inside. I studied journalism at Syracuse University’s S.I. Newhouse School of Public Communications and was an editor at The Daily Orange, the university’s independent student newspaper. Follow me on Twitter @rachsandl or shoot me an email rsandler@forbes.com.

The money will be used to market and develop its latest product, an antenna in the form of a flat panel that can be mounted onto moving vehicles, such as an ambulance or military truck, ensuring they can connect to satellites providing Internet and cell service on-the-go.

The company started beta testing this week and plans to officially launch the product later this year initially targeting the military, first responders and other commercial customers. Kymeta will eventually be able to provide its services to customers in a variety of industries, according to“having the continued support of bill gates will help us execute our vision even more rapidly and broadly—and with the benefit of experience, perspective and relationships of a leading and highly successful technology backer,” executive chairman doug hutcheson said in a statement.The fundraising round comes as major players get into the satellite business.

 

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