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Wireless

Federated Wireless raises USD 13.7 mln in latest funding round

Tuesday 21 April 2020 | 11:01 CET | News
Privately-owned Federated Wireless said it raised USD 13.7 million during its Series C funding round, with participation from existing investors Allied Minds and Pennant Investors. The money will be used to accelerate the expansion and adoption of the company's partnership with Amazon Web Services and Microsoft Azure to provide Connectivity-as-a-Service, announced in February. The company said the money will also provide a new path to 1,000 MHz of spectrum for private mobile networks by expansion into the 6 GHz band for 5G services.

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Categories: Mobile & Wireless
Companies: Amazon / Federated Wireless / Microsoft
Countries: United States
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