goTenna Closes $24M Series C Financing

goTenna logogoTenna, a Brooklyn, N.Y.-based mobile mesh networking platform, raised $24M in Series C equity and debt funding.

The round was led by Founders Fund with participation from Comcast Ventures and existing investors Union Square Ventures, Collaborative Fund, Walden VC, MentorTech, and Bloomberg Beta. Silicon Valley Bank provided debt financing.

The company intends to use the funds for continued growth and expansion of operations and research and development of future applications of modular mobile mesh architecture for decentralized connectivity.

Led by Daniela Perdomo, Founder and CEO, goTenna has developed a mesh tactical communications system, goTenna Pro, which is currently used by wildland firefighters, emergency responders, military forces, law enforcement tactical units, and other government organizations around the globe, to access resilient data communications and real-time position-location information even when centralized cellular networks, wifi, and satellite systems fail.
The company, founded in the wake of Hurricane Sandy, also develops mass-market mesh networking systems for consumer use.

Customers include all branches of the U.S. military and most agencies within the U.S. Dept. of Homeland Security, as well as local and state organizations.

FinSMEs

18/06/2019

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