Verana Networks
Waltham, MA
Verana Networks develops an innovative 5G Radio Access Network solution for service providers that have licensed millimeter wave (mmWave) spectrum. The company focuses on enabling 5G in mmWave spectrum because that is where the largest amount of new spectrum is. For 5G to succeed, it must deliver a 10X-50X increase in speed and capacity. Blazing fast speed and an increase in capacity enable new applications, these new applications create incremental revenue, and incremental revenue is essential to support the business case for 5G.
verananetworks.comCompany Details
Founded
- 2019
Employees
- Between 20 - 100 employees
Raised
- $52,550,000
Headquarters Location
- Waltham, MA
Public
- No
Acquired
- No
CEO
Vedat Eyuboglu
Founders
- Vedat EyubogluAmit Jain
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Verana Networks' Investors
Verana Networks' Industries
Verana Networks Headquarters Location
Total Amount Raised: $52,550,000
Verana Networks' Investors
Verana Networks Funding Rounds
Series B
$28,000,000
Series B Investors
Dean Capital Investments ManagementSpark CapitalAspiro Capital ManagementTDK VenturesTaiwania Capital ManagementBold Capital PartnersConvertible Note
$4,500,000
Convertible Note Investors
Lockheed Martin VenturesSeries A
$11,000,000
Series A Investors
Spark CapitalBold Capital LLCAspiro Capital ManagementDean Capital Investments ManagementSeed
$9,050,000
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