Opanga Networks
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $600k | Early VC | |
$5.5m | Series A | ||
N/A | $840k | Debt | |
$6.0m | Early VC | ||
N/A | $100k | Early VC | |
N/A | Early VC | ||
N/A | $406k | Debt | |
$3.2m | Early VC | ||
$1.5m | Early VC | ||
N/A | N/A | Late VC | |
* | N/A | $2.2m | Debt |
Total Funding | $16.9m |
Recent News about Opanga Networks
EditOpanga Networks is a Seattle-based wireless technology company specializing in software solutions that optimize mobile network performance. The company focuses on enhancing the efficiency of Radio Access Networks (RAN) through innovative software deployed in the mobile core. This approach helps mobile operators significantly reduce their capital expenditures (CAPEX) while improving network performance. Opanga serves mobile network providers who are facing challenges related to the limited availability of future spectrum and the increasing demand from 5G applications. The company's business model revolves around providing software solutions that enable these operators to maximize the efficiency of their existing networks rather than expanding them. Opanga generates revenue by licensing its software to mobile operators, who benefit from reduced CAPEX and improved network performance. The market for Opanga's solutions includes mobile network operators globally, particularly those investing in 5G infrastructure.
Keywords: RAN efficiency, mobile core, CAPEX reduction, 5G optimization, network performance, software solutions, mobile operators, spectrum efficiency, wireless technology, Seattle-based.