WeFi reaches 30 Million Wi-Fi hotspots, Secures B Round Funding

WeFi, a community-based global Wi-Fi network, announced August 4 that it has secured an undisclosed amount of second round funding. The B round was led by venture capital firms Lightspeed Venture Partners and Pitango Venture Capital.

  WeFi, which is incorporated in Delaware but operates its R &D facilities from its native Israel, has announced a number of new launches over the last few months, including a version of its software for the Google Android mobile operating system, an integration with mobile VoIP provider fring, WeROK, a mobile entertainment and communications portal powered by WeFi’s community-generated Wi-Fi network, and the opening of WeFiApps, a Wi-Fi powered application store for data-intensive mobile applications.   
 
 WeFi  seeks to connect users to Wi-Fi access points where Internet access has already been verified by other WeFi-enabled devices – a process dubbed “community-verified spots. ”  The network has already recorded 30 million access points. WeFi recently released its first generation of carrier-grade solutions for offloading mobile Internet traffic onto Wi-Fi access points from congested mobile 2G, 3G and in the future 4G networks.