Tech Company Financing Transactions

Verana Networks Funding Round

Spark Capital, Aspiro Capital and Bold Capital Partners invested in a $11 million Series A funding round for Verana Networks. The financing round was announced on 12/9/2020.

Transaction Overview

Company Name
Announced On
12/9/2020
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Proceeds Purpose
The company is using its Series A funding to build the team with deep expertise in the design and development of sophisticated radio access network products.

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


 

 

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Prev: 12/9/2020: OhmConnect venture capital transaction
Next: 12/10/2020: Swiftly venture capital transaction

 

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