WaveBender, Inc. announces the closing of a $2.0 million of venture debt financing with Western Technology Investment.

The funding adds to the $4.5M of equity capital already raised by the company and will allow the company to commercialize its ground breaking flat panel antenna technology initially targeting the satellite TV (DBS) reception market. The company’s growing product line is centered around patent pending innovation in the fundamental physics of radio frequency antenna reception. ”We are very impressed with the technological innovation, the market potential and the team at WaveBender” said Brian Best an Investment Partner at WTI. “This is the kind of investment that we like to make.”