Movandi Announces $27 Million Series C to Accelerate 5G Network Deployments

Apr 16, 2020•over 5 years ago

Amount Raised

$27 Million

Round Type

series c

Irvine

Description

Movandi, a leader in new 5G Millimeter Wave (mmWave) networks, announced today a $27 million Series C funding round to further accelerate and extend the range of real world 5G mmWave deployments. WRVI Capital led this current round of financing along with Cota Capital and DNX Ventures.

Company Information

Company

Movandi

Location

Irvine, California, United States

About

Movandi is the fastest growing 5G mmWave solutions company with a mission to revolutionize 5G Everywhere. The company was founded by two siblings, Maryam and Reza Rofougaran, today’s top leaders in the wireless industry, whose innovations have shaped and transformed wireless in the last few decades. Having pioneered wireless systems. Movandi is solving real-world 5G mmWave deployments with unmatched differentiation and high performance core technology in 5G integrated circuits, antennas, systems, and algorithms design disciplines, to enable 5G to its full potential. Movandi’s flexible solutions solve 5G mmWave deployment cost and schedule challenges and provide future-proof solutions utilizing mesh and routing to further improve 5G coverage and capacity. Movandi’s strong and diverse system portfolio of IP and patents plays a critical role across the complete 5G ecosystem, from infrastructure to mobile, while allowing for maximum 5G coverage. www.movandi.com

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Movandi Announces $27 Million Series C to Accelerate 5G Network Deployments

Description

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Company Information