Raven Group, Ltd. has announced Edgewater Funds and Granahan McCourt Capital invested in the Company to boost its expansion with total solutions for integrated outdoor units as well as associated electronics and equipment.

Raven will leverage its current position as the largest producer design-manufacturer of satellite broadband antenna systems and will offer a complete ODU solution for its global customers. Founded in 1984, Raven has steadily grown into a major player in the Direct Broadcast, Satellite Broadband, and VSAT markets with a niche in the fields of Antenna and Feed Chain system design and supply. With manufacturing capabilities in Europe, Asia, and with our recently built, state-of-the-art facility in North America, Raven is the only antenna system design and manufacturing shop capable of building on three continents. Experiencing revenue growth of 35 percent CAGR from 2005 to 2009, Raven has become known for its systems design and the Company lays claim to being the first and largest manufacturer of low-cost Ka-band antenna systems for consumer broadband. With the funding from Edgewater Funds and Granahan McCourt Capital, Raven will invest in product and market expansion as well as develop a complete suite of outdoor products.