INcapital Ventures
Assembly Line
Pente Networks Closes $10 Million A-Round Further Accelerating Global Expansion
Pente Networks™, developer of IT-friendly private enterprise LTE/5G solutions for service providers and end customers, announced a $10 million Series A funding round led by INcapital Ventures, with the participation of other notable private investors including existing investor Magma Ventures and Global Brain.
Working with MVNOs, WISPs, MSPs and SIs, Pente has been augmenting and replacing traditional enterprise networks with simplified, ultra-fast and ultra-secure wireless broadband solutions, including CBRS, as the use of unlicensed spectrum becomes more readily available.
The massive shift in fixed and wireless access and communications, including the simplification of high-speed, highly secure private networks and the related reduction of complexity and costs compared to legacy approaches, is dramatically reshaping the competitive landscape, and opening new opportunities for challengers to bring better solutions to market compared to legacy approaches.