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Wayport snags $15 million in funding

A group of investors that includes Bank of America Venture and Lucent Venture Partners has pumped $15 million in funding to wireless and high-speed Internet service provider Wayport, the company said Tuesday. The money will be used to expand the Austin, Texas-based company's sales efforts, increase the number of partnerships and network activities, Wayport said in a statement. Privately held Wayport caters to companies including 450 hotels and nine airports.

A group of investors that includes Bank of America Venture and Lucent Venture Partners has pumped $15 million in funding to wireless and high-speed Internet service provider Wayport, the company said Tuesday. The money will be used to expand the Austin, Texas-based company's sales efforts, increase the number of partnerships and network activities, Wayport said in a statement. Privately held Wayport caters to companies including 450 hotels and nine airports.