Federated Wireless this week announced that it has secured $13.7 million in additional Series C funding from its existing investors.
This funding will accelerate expansion and adoption of the company’s partnership with Amazon Web Services and Microsoft Azure to offer Connectivity-as-a-Service, announced in February. It will also provide a new path to 1,000 MHz of spectrum for private wireless networks by expansion into the 6 GHz band for 5G services.
What is Connectivity-as-a-Service (CaaS)? The Federated Wireless private wireless offering Connectivity-as-a-Service (Caas) enables enterprises to order the business connectivity services they need, with a single click from AWS or Azure, with Federated Wireless delivering and managing the network.
The FCC is expected to finalize the rules for 6 GHz shared operation later this month, with a number of countries in the European Union and in Asia expected to follow suit by 2022.
Iyad Tarazi, President and CEO, Federated Wireless
Our newest developments, CaaS and extending the Spectrum Controller to 6 GHz, have greatly expanded our footprint and our opportunities, and I would like to thank our investors for continuing to support us as we continue to grow.
