Inseego Corp. (Nasdaq: INSG), a pioneer of 5G and intelligent IoT device-to-cloud solutions, today announced that it has closed a $25 million private placement for the sale of Series E Preferred Stock to a private fund managed by Mubadala Investment Company’s asset management arm, Mubadala Capital, as part of its public equities strategy. Mubadala Capital joins existing major investors Tavistock Group and North Sound Partners.


Inseego Corporation is a prominent provider of wireless connectivity solutions. The company is known for its innovative telematics operations which Ctrack has acquired to enhance its global service offering. Inseego plays a crucial role in connecting devices to networks, driving better business outcomes for companies that rely on its technology.

https://www.inseego.com/

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Inseego Announces $25 Million Investment by Mubadala

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Inseego Announces $25 Million Investment by Mubadala

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