Wisper Telecommunications in Denver said Wednesday it received $2 million in cash and stock from a private Denver investment group.

The wireless broadband company was founded in 2001 and provides the infrastructure consumers need to get on the Internet. It plans to use the funds to expand its service area in central and western Colorado, said company president Barry Pier in a statement. WisperTel does well in areas where traditional phone lines don't reach or where customers want faster Internet access.

Wednesday's equity investment comes after a $700,000 credit agreement with Silicon Valley Bank in April.