Verana Networks Raises $28M in Series B Funding

Verana Networks, an American 5G Radio Access Network solutions provider, is designing a 5G Radio Access Network (RAN) solution to reduce the cost of building 5G in millimeter wave (mmWave) spectrum, enabling mobile operators Businesses can bring 5G (gigabit speeds, low latency) anywhere. It recently raised $28 million in Series B funding. The round was led by DC Investment Partners, with participation from Spark Capital, BOLD Capital Partners, Aspiro Capital, Taiwania Capital and TDK Ventures. DCIP managing director Mark Bulkeley will also join Verana’s board. DCIP managing director Mark Bulkeley will also join Verana’s board.

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