Tarana Secures $50 Million Financing To Scale Production Of Breakthrough Wireless Broadband Technology

May 12, 2021•about 4 years ago

Amount Raised

$50 Million

Milpitas

Description

Tarana Wireless, Inc. today announced closing a growth-stage $50 million preferred stock financing led by Prime Movers Lab. The proceeds will be used for company growth and working capital to meet initial strong demand for its innovative Gigabit 1 (G1) broadband access family of products.

Company Information

Company

Tarana

Location

Milpitas, California, United States

About

Tarana Wireless, Inc. is the industry’s performance leader and new category creator in next-generation fixed wireless access (ngFWA). Its G1 access platform is powered by a number of well-proven industry firsts in precise, multidimensional optimization of radio signals, achieved through the team’s 10 years of intense collaboration and $300M of dedicated R&D investment in ground-up algorithm development and design of custom ASICs. G1 delivers a game-changing advance in FWA network economics, addressing service providers’ challenges in both mainstream broadband and underserved markets, using unlicensed spectrum. The company is headquartered in Milpitas, California, with additional research and development in Pune, India. Visit www.taranawireless.com for more on G1.

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Based on industry data

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Tarana Secures $50 Million Financing To Scale Production Of Breakthrough Wireless Broadband Technology

Description

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Company Information