Security News > 2020 > April > Federated Wireless raises $13.7M to expand footprint and offerings

Private network pioneer Federated Wireless announced that it has secured $13.7 million in additional Series C funding from existing investors Allied Minds and Pennant Investors.

"Federated Wireless is the clear market leader in delivering spectrum as-a-service, turning what had previously been a high fixed cost asset - spectrum licenses - into a variable, price-per-connection service."

The Federated Wireless private wireless offering Connectivity-as-a-Service 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.

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.

"The rapid adoption and general enthusiasm that we have seen since FCC approval for commercial deployment of CBRS is even greater than we anticipated, and is driving both Federated Wireless and the wireless industry as a whole to new heights," said Iyad Tarazi, President and CEO of Federated Wireless.

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