Business
Airgain, Inc. is a development-stage company and wireless antenna innovator focused on improving the mass market’s wireless connectivity experience through our patented smart antenna technology and embedded antenna products. We design, develop and engineer antenna and wireless connectivity products, consisting of multi-element hardware and extensive design and integration services. Our embedded antenna solutions are designed for easy integration into a variety of wireless devices, including WLAN access points, routers, residential gateways, set-top boxes, media adapters and digital televisions. Airgain’s value proposition to customers is based on the following factors:
- Recognized leader in design, testing, performance of wireless antenna
- Only antenna vendor engaged directly with chip set vendors
- Superior designs provide increased range and throughput performance
- Substantial IP portfolio in the areas of antenna design and performance
- One of the broadest, blue chip customer lists in the industry
Market
Analysts forecast the total market for embedded antenna products to exceed $2.3 billion by 2015. In-Stat estimates the next 5 years will see an increase in the number of Wi-Fi-enabled devices, from more than 500 million in 2009 to nearly 2 billion in 2014. Devices leading the pace of adoption include Blu-ray players/recorders, e-readers, and digital televisions. The Airgain business opportunity has been driven by the rapidly expanding market for embedded antenna solutions for in-home wireless data and video connectivity products. Across all WLAN Enabled Home Media consumer electronics, which includes set top boxes, game consoles, Blu-ray players, digital picture frames, among other devices, Wi-Fi-enabled devices will exceed 200 million units by 2014
Customers
Airgain antenna products have been adopted by some of the world’s leading telecom manufacturers and networking companies, and are now being used by over 10 million subscribers of leading telecom carriers in the United States, Canada, Europe, and Asia. To date we have shipped over 60 million antennas to such notable companies as DIRECTV, Cisco Systems, Pace, Sagemcom, and many more. Our customers currently fall into two categories:
WLAN Networking – Manufacturers of wireless access points, routers and media bridges incorporate Airgain embedded antennas to increase the range and throughput of 802.11 products. DSL and cable modem manufacturers utilize our embedded antenna products to improve the performance of residential gateway solutions, increasing overall coverage within a home or office environment and maximizing customer satisfaction.
WLAN Video and Entertainment – Network service providers incorporate Airgain embedded antennas into Wi-Fi-enabled home entertainment systems to maximize throughput and performance of multimedia home electronics and set-top boxes that share streaming video, music content, and high speed Internet access throughout the home.
Investors
Airgain has been funded by well-known angel investors and the following institutional investors.
Northwater Intellectual Property Fund LP1 – Northwater Intellectual Property Fund LP1 is managed by Northwater Capital Management Inc., a leading investment management company, wholly owned by its employees. Northwater manages over US $8.5 billion in assets, applying innovative investment strategies and sophisticated proprietary software in assisting major institutions to build optimal portfolios. In particular, Northwater applies the sciences of advanced finance and systems engineering toward the objective of delivering highly diversified market returns plus robust alpha. For more information please see www.northwatercapital.com.
GEN3 Capital LP – GEN3 Capital Fund I LP is based in San Francisco, Chicago and Boston. The Fund, through its exclusive relationship with GEN3 Partners, has unique access to the Russian scientific community for identification of leading edge technologies in the areas of wireless communications, energy storage and non-invasive medical technologies. GEN3 Partners is a global product innovation consulting firm that dramatically improves the impact, predictability and productivity of the corporate innovation process. For more information please see www.GEN3.com.
Management
Charles Myers, President and Chief Executive Officer
Glenn Selbo, Chief Operating Officer
Bill Bidermann, Vice President, Engineering
Alan Frank, Vice President, Sales
Jacob Suen, Vice President, Asia Pacific
Board of Directors
Jim Sims Chairman, Airgain, Inc.
Chairman/CEO, Gen3. Founder, Cambridge Technology Partners; Founder, Concurrent Computer Corporation; Vice Chairman, RSA Security. Member, Republican National Finance Committee.
Charles Myers President and CEO, Airgain, Inc.
Francis X. Egan
Managing Partner, GEN3 Capital; Managing Director, Northwater Capital; Former Merchant Banking practice in Chicago; Senior Vice President, PaineWebber, Kemper Securities, and Daine Rauscher Wessels. Director of GEN3 Partners, American ePay, and Groxis Inc.
Frances Kordyback
Vice President of Northwater Intellectual Property Fund, former Managing Director of CCFL Parklea Capital Inc.
Thomas A. Munro
CEO, Verimatrix, Inc. President, Wireless Facilities. Founded start-ups, including @Market, Sportsgear.com, and Precision Digital Images. CFO, MetLife Capital Corporation.
James Sims
CEO, GenXL. Former VP, Gen3 Partners; VP Corporate Business Development, Cambridge Technology Partners.
Arthur M. Toscanini
CFO, Gen3 Partners; CFO Cambridge Technology Partners; VP & Controller, Concurrent Computer Corporations. Perkin-Elmer Data Systems Group.
Robert Wayman
Former CFO of Hewlett-Packard, serving on HP board of directors from 1993 to 2002 and from 2005 to 2007. Interim CEO for Hewlett-Packard in 2005. Director of Conway Inc., Affymetrix, and Sybase Inc.
Company
Airgain, Inc.
3611 Valley Centre Drive, Suite 150
San Diego, CA 92130
Tel: +1 760 579 0200
Fax: +1 760 579 0892
E-mail: info@airgain.com
Website: www.airgain.com
