Pivotal raises $50M in C round
Posted on February 16, 2020 by Pivotal Commware
Pivotal Commware, the millimeter-wave (mmWave) focused startup backed by Bill Gates, closed a $50 million C round led by an affiliate of Tracker Capital Management.
Joining Tracker Capital in the round is Devonshire Investors, a private investment firm affiliated with FMR LLC, the parent company of Fidelity Investments. Pivotal’s existing investors, including DIG Investment, Thermo, Lux Capital and Bill Gates, also participated in this round.
Pivotal’s products are based on Holographic Beam Forming technology and used by mobile network operators to improve services using 5G mmWave spectrum – both for mobile and fixed wireless access (FWA).
Read the full article at Fierce Wireless