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Clearwire, the Kirkland, WA wireless company, attracts $360 million in financing

Clearwire continues to attract piles of investment capital.

The Kirkland wireless company, led by telecommunications pioneer Craig McCaw, recently raised $360 million in financing.

Clearwire spokeswoman Teresa Fausti-Blatt confirmed the amount Friday, but declined to say how the company plans to use the money or terms of the financing. She also declined to name investors.

Clearwire provides high-speed wireless Internet service in 26 markets in the United States, including Bellingham; Medford, Ore.; Daytona Beach, Fla.; and Modesto, Calif. It also offers service in parts of Ireland, Belgium, Denmark and Mexico.

Full Story: http://seattlepi.nwsource.com/business/262574_clearwire10ww.html

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