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Pivotal Commware Raises $102 Million Series D Round To Accelerate Mmwave Wireless Fwa Rollout

Aug 17, 2023almost 2 years ago

Amount Raised

$102 Million

Round Type

series d

BothellWirelessHardware

Investors

Lux CapitalDig Investment Xv AbThermo CompaniesDevonshire InvestorsVerizon VenturesBlue Investment GroupFortress Investment Group, LlcTracker CapitalGates Frontier

Description

Pivotal Commware, global leader in 5G mmWave infrastructure products, announces the closing of a $102 million Series D round led by Gates Frontier and Tracker Capital. Joining them as co-leads in the round are funds managed by affiliates of Fortress Investment Group, LLC, and Blue Investment Group. Among Pivotal’s existing investors, Verizon Ventures, Devonshire Investors, Thermo Companies, DIG Investment XV AB and Lux Capital also participated.

Company Information

Company

PIVOTAL COMMWARE, INC.

Location

10801 120TH AVENUE NE, #200

Bothell, Washington, United States

About

Pivotal Commware develops software-defined antennas and radios that use Holographic Beam Forming™ to increase network speed, capacity and spectral efficiency. For network operators, Pivotal’s reconfigurable beams can follow mobile users in real time using the lowest cost, size, weight and power consumption (C-SWaP) envelope available. Pivotal's holographic beamforming focuses transmitted power at the intended recipient(s) as opposed to the omnidirectional DSP based space-time coding used in digital beamforming. Holographic beamforming provides a solution to the need for greater spectral efficiency driven by the insatiable demand for wireless data. Through holographic beamforming, it is possible to simultaneously reuse the same spectrum in a given space. Like the beams from several spotlights illuminating discrete objects on a stage, holographic beamforming antennas are capable of focusing their radiated power on separate targets without illuminating adjacent users. Unlike current cellular systems that utilize antennas that form 60-90 degree stationary sector beams, holographic beamforming permits more of a one-to-one communications protocol between base station and user. This technique preserves the spectral hygiene of the cell and allows multiple concurrent transmissions using the same frequency without interference. This allows abundant spectrum reuse and higher modulation rate signals for both stationary and mobile users.

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