Tarana, a Milpitas, CA-based fixed wireless access (ngFWA) technology company, raised $50M in funding.
The round was led by Digital Alpha.
The company intends to use the funds to accelerate its growth in sales and deployment of G1, its next-generation fixed wireless access (ngFWA) platform, as well as expand R&D investment to build on its foundational advances in wireless broadband technology.
Led by CEO Basil Alwan, Tarana aims to accelerate the deployment of fast, affordable internet access around the world. Through a decade of R&D and over $400M of investment, the team has created a next-generation fixed wireless access (ngFWA) technology instantiated in its first commercial platform, Gigabit 1 (G1). It delivers an advance in broadband economics in both mainstream and underserved markets, using either licensed or unlicensed spectrum. G1 started production in mid-2021 and has since been deployed by over 200 service providers in 21 countries.
Tarana also has additional research and development in Pune, India.
FinSMEs
13/09/2023