Towerstream (TWER) Increases Salesforce, Sets Sights on Future
Up-and-coming fixed wireless service provider Towerstream Corporation (NASDAQ: TWER) announced that it has closed on the sale of 10 million shares of its common stock for an aggregate purchase price of $40 million in a registered direct public offering."We really consider this our IPO - we got on the Nasdaq Thursday before we basically raised the money," said Jeff Thompson, Towerstream's CEO and president. "It's pretty exciting. We're going to take the money ... and build out our salesforce." Right now, Towerstream is currently in eight markets, and has approximately 15 salespeople working its lines. But Thompson wants his company…