Federated Wireless, the leader in shared spectrum and CBRS technology, on Tuesday announced that it has secured $58 million in Series D funding.
The funding will help scale Federated Wireless’ platform and support further investments in its capabilities and partnerships. Founded in 2012, Federated Wireless is focused on accelerating enterprise adoption of private wireless networking and delivering new capabilities for network edge innovation. With this latest round of funding, its goal is to simplify and automate how wireless networks are purchased, deployed, provisioned, and managed, making it easier for organizations to customize their network to business requirements, and speed time to market with advancements in IoT, VR/AR, and other digital technologies.
Shared spectrum, also known as CBRS, is an innovative technology that delivers the best attributes of traditional wireless and Wi-Fi, with lower fixed cost, higher quality, and greater efficiency and scale.
As the first to market with a Spectrum Access System (SAS), Federated Wireless is the nationwide leader in enabling, commercializing, and driving adoption of shared spectrum. With more than 350 customers and over 85,000 connected devices across the United States and territories, the company serves a customer base spanning defense, government, manufacturing, telecommunications, utilities, real estate, and education, with a wide range of use cases ranging from network densification and mobile offload to private wireless and industrial IoT. Noteworthy customers include Charter, Comcast, Verizon, the US Department of Defense, Carnegie Mellon University, and others.
Federated Wireless CEO Iyad Tarazi
Private wireless will deliver the type of transformation for enterprises that the cloud delivered for IT infrastructure. This investment will enable us to scale our spectrum platforms, invest in commercialization, and accelerate private wireless market adoption.
