Pivotal Commware, a Washington-based provider of 5G mmWave infrastructure products, has secured $50 million (£35.8m) in a series C funding round to expand product, distribution, and R&D.
The company – defined as Pivotal but not to be confused with the cloud platform provider of the same name acquired by VMware in 2019 – has offerings aimed at mobile network operators to cost-effectively deploy 5G mmWave networks for mobile and fixed wireless access.
Its product ecosystem revolves around network and economic modeling tools, network and subscriber repeaters, and remote management and optimisation. Pivot 5G, the network repeater, aims to cost-effectively extend and shape gNB mmWave signals outdoors, while Echo 5G, the subscriber repeater, aims to penetrate and flood mmWave indoors.
The funding round was led by an affiliate of Tracker Capital Management, alongside Devonshire Investments and previous investors, ranging from DIG Investment, to Lux Capital, and Bill Gates.
“Pivotal has cracked the code for mmWave 5G,” said Dr. Shaygan Kheradpir of Tracker Capital, who will join Pivotal’s board of directors. “Their ecosystem is critical to mobile network operators around the world, and to the future of US-based telecom infrastructure.
“To deliver on the promise of 5G for industrial internet and immersive web, quantum step improvements in throughput, capacity, latency, and precision are required for the new wave of devices and applications,” Kheradpir added. “As the world shifts to mobile edge computing, Pivotal delivers a demonstrable competitive advantage for deploying true 5G applications with dramatically improved efficiency and performance.”
Chris Brandon, COO of Pivotal, added the funding will ‘allow Pivotal to become a significant 5G telecom infrastructure provider on a global stage.’
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