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Verana Networks Funding & Investors

Verana Networks develops an innovative 5G Radio Access Network solution for service providers that have licensed millimeter wave (mmWave) spectrum. The company focuses on enabling 5G in mmWave spectrum because that is where the largest amount of new spectrum is. For 5G to succeed, it must deliver a 10X-50X increase in speed and capacity. Blazing fast speed and an increase in capacity enable new applications, these new applications create incremental revenue, and incremental revenue is essential to support the business case for 5G.

verananetworks.com

Total Amount Raised: $52,550,000

Verana Networks Funding Rounds

  • Series B

    $28,000,000

    Series B Investors

    DC Investment Partners
    Spark Capital
    Aspiro Capital Management
    TDK Ventures
    Taiwania Capital
    Bold Capital Partners
  • Convertible Note

    $4,500,000

    Convertible Note Investors

    Lockheed Martin Ventures
  • Series A

    $11,000,000

    Series A Investors

    Spark Capital
    Bold Capital LLC
    Aspiro Capital Management
    DC Investment Partners
  • Seed

    $9,050,000

Funding info provided by Diffbot.