Aurora Insight Secures $18M in Growth Funding

aurora insightAurora Insight, a Westminster, Colorado-based company providing insight into the radio spectrum for 5G, raised $18m in funding.

The round was led by Alsop Louie Partners and True Ventures, with participation from Tippet Venture Partners, Revolution’s Rise of the Rest Seed Fund, Promus Ventures, Alumni Ventures Group, ValueStream Ventures, and Intellectus Partners. In conjunction with the funding, Gilman Louie of Alsop Louie Partners, joined Aurora’s board.

The company will use the funding to scale deployment of its data-as-a-service offering to advance the frontier of wireless connectivity.

Led by Brian Mengwasser, co-founder and CEO, Aurora Insight offers a dynamic global map of radio spectrum to inform the next generation of wireless services. Through an autonomous sensor network and machine-learning of digital signals, Aurora continuously samples and reports on the full radio spectrum, from licensed infrastructure to dynamic utilization, enabling the best use of this scarce commodity.
Companies around the globe use Aurora Insight’s data to analyze, predict, and transform the next generation of applications.

FinSMEs

23/10/2019

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