logo
logo

Pivotal Commware Raises $50M in C Round Led by Tracker Capital Management

Feb 11, 2021over 4 years ago

Amount Raised

$50 Million

Kirkland

Description

Pivotal Commware (“Pivotal”), a global leader in 5G mmWave infrastructure products, announced today the closing of a $50 million C round led by an affiliate of Tracker Capital Management, LLC (“Tracker Capital”), a stage-agnostic venture capital investor that principally invests in high-potential technology growth companies. Tracker Capital was founded by Stephen A. Feinberg who is also Co-Founder and Co-CEO of Cerberus Capital Management. Tracker Capital is joined in this round by Devonshire Investors, the private investment firm affiliated with FMR LLC, the parent company of Fidelity Investments

Company Information

Company

Pivotal Commware, Inc.

Location

Kirkland, Washington, United States

About

Pivotal Commware develops communications platforms, systems and applications based on Holographic Beam Forming®. HBF antenna technology enables network operators to increase network speed, capacity and spectral efficiency using the lowest cost, size, weight and power consumption (C-SWaP) envelope available. The company is privately held and headquartered in Kirkland, Washington. #mmWaveSolved

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech