{"id":11775,"date":"2020-04-22T08:45:20","date_gmt":"2020-04-22T08:45:20","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=278117"},"modified":"2020-04-22T08:45:20","modified_gmt":"2020-04-22T08:45:20","slug":"federated-wireless-scores-cash-boost","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2020\/04\/22\/federated-wireless-scores-cash-boost\/","title":{"rendered":"Federated Wireless scores cash boost"},"content":{"rendered":"

<\/p>\n

\tUS spectrum sharing company Federated Wireless raised $13.7 million to fuel expansion of its management services, outlining plans to use the funds to strengthen its 3.5GHz products and extend them into the 6GHz band.<\/p>\n

CEO Iyad Tarazi told Mobile World Live the money will enable further development of management and support platforms for a connectivity-as-a-service product covering the 3.5GHz band it recently launched alongside Amazon Web Services and Microsoft Azure [1]. He added it will also fund internal resources and training to ensure the company is prepared to expand deployments, and provide working capital to help grow its partner ecosystem.<\/p>\n

Improvements made to the 3.5GHz product will be recycled in a version of the platform the company eventually plans to release for the 6GHz band, Tarazi said. US regulator the Federal Communications Commission is expected to vote [2] on 23 April on new rules which would open the entire band for unlicensed use.<\/p>\n

Investment companies Allied Minds and Pennant Investors led the funding round, which took the total raised since 2016 to $128.7 million.<\/p>\n

The move to bolster investment in its 3.5GHz products reflects a surge in demand, particularly for IoT services, which Tarazi said had not wavered despite the ongoing Covid-19 (coronavirus) pandemic.<\/p>\n

He noted the current environment is actually \u201ccreating the need for more automation, more automated warehousing, more automation in retail”.<\/p>\n

\u201cWe feel fortunate that we\u2019re part of an industry that is in high demand right now.\u201d<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/federated-wireless-smooths-path-for-private-networks\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/fcc-presses-ahead-with-6ghz-wi-fi-plan\/<\/p>\n\n

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US spectrum sharing company Federated Wireless raised $13.7 million to fuel expansion of its management …<\/p>\n

The post Federated Wireless scores cash boost<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":245,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Federated Wireless scores cash boost - ITTeacherITFreelance.hk","description":"US spectrum sharing company Federated Wireless raised $13.7 million to fuel expansion of its management ... The post Federated Wireless scores cash boost appear"},"footnotes":""},"categories":[11,8],"tags":[2517],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/11775"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/245"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=11775"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/11775\/revisions"}],"predecessor-version":[{"id":11776,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/11775\/revisions\/11776"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=11775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=11775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=11775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}