HomeUSAFederated Wireless Closes $42M Series B Funding

Federated Wireless Closes $42M Series B Funding

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Federated Wireless, an Arlington, Va.-based spectrum controller maker for businesses to leverage Citizens Broadband Radio Service, closed a $42M Series B round of funding.

Backers included Charter Communications (NASDAQ: CHTR), American Tower Corporation (NYSE: AMT), ARRIS International plc (NASDAQ: ARRS) and GIC, Singapore’s sovereign wealth fund.

Led by Iyad Tarazi, CEO, Federated Wireless has announced the availability of its Spectrum Controller which allows Mobile Operators, Cable Operators, Broadband Wireless Access Providers, Managed Service Providers and Enterprises across industries, to leverage CBRS when and where they need it. The technology allows for the bolstering of existing carrier and LTE networks, and for commercial and industrial properties to launch LTE networks for advanced applications.
The Spectrum Controller’s key components, include:
– Spectrum Access System (SAS) – A standards-based cloud-service that delivers access to interference-free bandwidth within the CBRS band, enhancing wireless coverage options.
– Environmental Sensing Capability Network – Nationwide redundant network of sensors that identify and protect the Federal agencies already using the 3.5 GHz band to ensure defense and government communications aren’t impacted by commercial users.
– Spectrum Management Tools – A set of tools and analytics providing a real-time view into shared spectrum utilization and availability to maximize use of CBRS and enable greater optimization.
– Open Partner Ecosystem – An API-centric architecture and large ecosystem of pre-integrated technology partners enables integration with existing networks, while reducing operating costs.

The controller comes to market following more than five years of development and nine months of industry testing by customers in the telecommunications, cable services and commercial property industries. It already has conditional FCC certification with full certification anticipated in January 2018.

FinSMEs

14/09/2017

 

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