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Verana Networks

Verana Networks

Private
Waltham, MassachusettsTelecommunications & Networkinghttps://verananetworks.com

Last Round

Series B

Apr 26, 2022

Total Funding Raised

$48M

Company Overview

Verana Networks is a telecommunications company that develops 5G radio access network (RAN) equipment to provide gigabit wireless connectivity in the licensed millimeter wave spectrum for mobile network operators.

Sector

Telecommunications & Networking

Verticals

5G Infrastructure, Wireless Infrastructure, Network Equipment, Software-Defined Networking

Business Model

B2B

Customer Profile

Hardware Sales, Services & Consulting

AI Layer

Non-AI

Keywords

mmWave 5Gradio access networkRANsoftware-defined RANsmall cell5G infrastructurephased-array beamformingself-backhaulingtelecom hardwareprivate 5Gnetwork densification5G base stationopen RANO-RANwireless backhaul

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Verana Networks Comps

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Verana Networks comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Verana Networks Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BApr 26, 2022
Series ADec 8, 2020

Verana Networks Investors

Notable investors and investment history

Verana Networks investors
InvestorRounds
Taiwania CapitalSeries B
Dean Capital Investments ManagementSeries B
Lockheed Martin VenturesConvertible Debt
DC Investment PartnersSeries A, Series B
BOLD Capital PartnersSeries A, Series B
Spark CapitalSeries B, Series A
TDK VenturesSeries B

Market signals

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  • Apr 26, 2022

    $28M round led by Dean Capital and DC Investment Partners.

  • Dec 8, 2020

    $11M round led by Spark Capital and Lockheed Martin

Verana Networks Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Verana Networks Filings

SEC and related filings with document metadata.

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Firmographic Details

HeadquartersWaltham, Massachusetts
Employee Range23
Year Founded2020
Last FundingApr 26, 2022

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