Tech Company Financing Transactions

Verana Networks Funding Round

DC Investment Partners, Aspiro Capital and Bold Capital Partners participated in a $28 million Series B funding round for Verana Networks. This VC investment round was announced by the company on 4/26/2022.

Transaction Overview

Company Name
Announced On
4/26/2022
Transaction Type
Venture Equity
Amount
$28,000,000
Round
Series B
Proceeds Purpose
The funding from this latest round of investment will be used to commercialize Verana's ground-breaking 5G RAN technology for millimeter wave spectrum.

Company Information

Company Status
Private & Independent
Industry
Wireless
Mailing Address
303 Wyman St. 300
Waltham, MA 02451
USA
Phone
Undisclosed
Email Address
Overview
Verana Networks is building an innovative 5G Radio Access Network (RAN) solution for service providers that have licensed millimeter wave (mmWave) spectrum. We are focused 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.
Profile
Verana Networks LinkedIn Company Profile
Social Media
Verana Networks Company Twitter Account
Company News
Verana Networks News
Facebook
Verana Networks on Facebook
YouTube
Verana Networks on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Vedat Eyuboglu
  Vedat Eyuboglu LinkedIn Profile  Vedat Eyuboglu Twitter Account  Vedat Eyuboglu News  Vedat Eyuboglu on Facebook
VP - Bus. Development
Amit Jain
  Amit Jain LinkedIn Profile  Amit Jain Twitter Account  Amit Jain News  Amit Jain on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/26/2022: Inziv venture capital transaction
Next: 4/26/2022: Yotta Energy venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to document every notable VC transaction. All VC database entries on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary