Pivotal Commware raises $102M for mmWave FWA rollout
Posted on August 18, 2023
Pivotal Commware identified the fixed wireless access (FWA) market as one that’s perfect for its millimeter wave (mmWave) line of products, and it’s getting the capital to double down on that mission.
The Bill Gates-backed company announced today the closing of a $102 million Series D round led by Gates Frontier and Tracker Capital. Joining them as co-leads are funds managed by affiliates of Fortress Investment Group LLC and Blue Investment Group. Existing investors, including Verizon Ventures, Devonshire Investors, Thermo Companies, DIG Investment XV AB and Lux Capital, also participated.
According to Pivotal, its Pivot 5G repeaters extend the wireless coverage area of radio access networks (RANs). As mobile operators increasingly turn to mmWave to fill in coverage areas, Pivotal’s products can be used to extend signals. FWA is deemed a good use case for mmWave because it’s a fixed service where users aren’t constantly moving around as they typically are when they’re using wide area cellular networks.
Read the full article at Fierce Wireless