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Betacom Secures $15M in Funding to Drive Adoption of 5GaaS

Johan Bjorklund, CEO of Betacom Johan Bjorklund, CEO of Betacom Image Credit: Betacom

Wireless pioneer Betacom on Monday announced that it has secured $15M in funding from private investors including Braxton Carter, past CFO of T-Mobile. 

The funds will be used to drive adoption of Betacom 5G-As-A-Service, the industry’s first fully-managed private wireless service, also being announced today. US enterprises now have access to cost-effective, high-performance 5G networks designed, deployed and managed by one of the most trusted names in wireless networking.

Network design and deployment for the new service -- which provides costs similar to, but with much higher reliability, performance and security than Wi-Fi -- is conducted by Betacom. Betacom enterprise customers retain ownership of the network in addition to local control of their data, with network management delivered via the world-class Betacom Network Operations Center (NOC), hosted on Microsoft Azure.

Unlike others in the emerging Private 5G market, Betacom has a long and successful history of wireless deployments in mid-to-large enterprises leveraging carrier-class equipment and expertise to meet users’ most pressing connectivity needs. Having completed more than 800 design and deployment projects, Betacom inspires confidence among those who have worked closely with the company in the past.

Shawn Hakl, vice president of 5G strategy at Microsoft
We are excited to see Betacom leveraging the power of Azure’s AI/ML capabilities to launch an innovative 5G service. Betacom’s private 5G managed network offering will address a wide variety of challenges that enterprises face with regard to network security, control, cost and complexity.

Johan Bjorklund, CEO of Betacom
Our long experience in this market, our unmatched national presence and the technological advancements represented by our cloud native NOC that delivers full services and security all give us and our customers significant advantages in realizing the promise of 5G, owned by them and operated by us.

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Author

Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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