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Verana Networks logo — Venture funded startup building an innovative 5G radio acces...

Verana Networks

Venture funded startup building an innovative 5G radio access network solution

Founded 2020 United States Waltham, United States 42 employees Venture round Total: $52.55M IT, Mobile +1

General Information

Company Name Verana Networks
Founded Year 2020
Location United States Waltham, United States
Employees 42
Industries IT, Mobile, Telecom
Funding Stage Venture round
Social

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About Verana Networks

Verana Networks is a venture-funded startup that is dedicated to developing an innovative 5G radio access network solution for major wireless service providers. Established in 2019 and headquartered in the United States, the company has attracted significant attention from leading venture capitalists. The team, led by individuals with a proven track record of success in the cellular network infrastructure industry, is poised to revolutionize the mobile sector.

The company's recent venture round investment on 02 February 2023, led by Verizon Ventures, further solidifies its position as a rising star in the 5G space. With strong financial backing and a promising product offering, Verana Networks stands poised for significant growth and impact in the coming years.

Business keywords: 5G, Radio Access Network, mmWave Spectrum, Wireless Service Providers, Cellular Network Infrastructure, VC-backed, Innovation, High Speed, Capacity, Technology, Startup, Venture Capital, Network Solutions, Millimeter Wave Technology

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Verizon Ventures
Verizon Ventures
02 Feb 2023
Series B $28.00M 6
Spark Capital Bold Capital Partners Aspiro Capital Management
Spark Capital, Bold Capital Partners +4
06 Apr 2022
Convertible Note $4.50M 1
Lockheed Martin's VC
Lockheed Martin's VC
01 Jan 2021
Series A $11.00M 2
Spark Capital DC Investment Partners
Spark Capital, DC Investment Partners
08 Dec 2020
Seed Round $9.05M -
27 Apr 2020

Verana Networks Alternatives & Competitors

View All Alternatives
Verana Networks vs
E-Band Communications, LLC
E-Band Communications, LLC United States

Ultra Low Latency Wireless Technology Solutions for HFTs, Corporate Networks and Wireless Service Pr...

Venture round
11 employees
IT, Manufacturing
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Verana Networks vs
Siklu
Siklu United States

Siklu delivers multi-gigabit wireless fiber connectivity in urban, suburban and rural areas. Operati...

Series D
64 employees
Mobile, Telecom
Compare Verana Networks vs Siklu
Verana Networks vs
SIAE MICROELETTRONICA
SIAE MICROELETTRONICA Italy

Our Experience, Your Advantage - Building Your 5G Backhaul Network | Advanced Microwave Radio Soluti...

817 employees
IT, Internet
View all alternatives

FAQ About Verana Networks

Venture funded startup building an innovative 5G radio access network solution
Verana Networks was founded in 2020.
Verana Networks is headquartered in Waltham, United States.
Verana Networks operates in IT, Mobile and Telecom. Its work centres on 5G, Radio Access Network, mmWave Spectrum and Wireless Service Providers.
Verana Networks has approximately 42 employees.
Verana Networks has completed 5 funding rounds, raising a total of $52.55M. The latest funding stage is Venture round.
Top alternatives and competitors to Verana Networks include E-Band Communications, LLC, Siklu, SIAE MICROELETTRONICA, BridgeWave Communications, Comsol Networks. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Verana Networks and E-Band Communications, LLC are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Verana Networks, https://bouncewatch.com/company/verana-networks, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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