Foster City Goes MetroFi

Despite some recent doubts about the business model of free municipal wireless, companies like MetroFi are continuing to roll out networks. On Monday MetroFi will launch a free city-wide WiFi network in Foster City, which will be the sixth city in the Bay Area for which the company has launched services. MetroFi says Foster City will be the last WiFi network it launches before it tackles Portland.

MetroFi did manage to do a deal with AT&T earlier this year, and is backed with $9 million from investors Sevin Rosen Fund, August Capital, and Western Technology Investors and private individuals. Sevin Rosen is the same VC fund that last week threw in the towel, saying that the VC business model is broken.


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