Tech Company Financing Transactions
NextNav Holdings Funding Round
Fortress Investment Group, Columbia Capital and Future Fund joined a $120 million funding round for NextNav Holdings. The round was announced by the company on 1/17/2020.
Transaction Overview
Company Name
Announced On
1/17/2020
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$120,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to deploy its geolocation platform.
Company Information
Company Status
Private & Independent
Industry
Wireless
Mailing Address
7926 Jones Branch Dr. 500
McLean, VA 22102
USA
McLean, VA 22102
USA
Phone
Website
Email Address
Overview
NextNav, LLC was founded in 2007 to solve the indoor positioning problem, taking into account ecosystem issues, high-precision performance requirements and the economics of the location market.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ganesh Pattabiraman
Chief Financial Officer
Eric Swank
VP - Bus. Development
Christian Gates
VP - Bus. Development
Thomas Wrappe
VP - Engineering
Subbu Meiyappan
VP - Engineering
Arun Raghupathy
VP - Operations
David Knutson
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We report on every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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