ARLINGTON, Va.–(BUSINESS WIRE)–#CBRS– Private network pioneer Federated Wireless today announced that it has secured $13.7 million in additional Series C funding from existing investors Allied Minds (LSE: ALM) and Pennant Investors.
This funding will accelerate expansion and adoption of the company’s partnership with Amazon Web Services and Microsoft Azure to offer Connectivity-as-a-Service, announced in February. It will also provide a new path to 1,000 MHz of spectrum for private wireless networks by expansion into the 6 GHz band for 5G services.
What is Connectivity-as-a-Service (CaaS)?
The Federated Wireless private wireless offering Connectivity-as-a-Service (CaaS) enables enterprises to order the business connectivity services they need, with a single click from AWS or Azure, with Federated Wireless delivering and managing the network.
A broad range of solutions and partners enables choice with proven reliability. It offers cloud scalability with comprehensive visibility into network performance and usage that allows IT management to set granular network policies while maintaining secure control of networks and data. It does so at a low cost with the high-performance and reliability of 4G/5G technology delivered at enterprise Wi-Fi costs.
Why 6 GHz?
Building on its leadership in managing 150 MHz of CBRS shared spectrum, the Federated Wireless CaaS offering will expand to provide a path to 1,000 MHz of shared spectrum, taking advantage of both Wi-Fi 6 and 5G in the 6 GHz band to enable data transfers of up to 10 Gbps.
The FCC is expected to finalize the rules for 6 GHz shared operation later this month, with a number of countries in the European Union and in Asia expected to follow suit by 2022.
Founded in 2012, Federated Wireless has long led the industry in development of shared spectrum CBRS capabilities. The company’s partner ecosystem includes more than 40 device manufacturers and edge partners, all of which are dedicated to collaboration to advance development and proliferation of CBRS services. For more information, visit: federatedwireless.com.
Contacts
Wilson Craig
SVP/GM
Mindshare PR
408-516-618
wilson@mindsharepr.com