According to filings with the U.S. Securities and Exchange Commission, Celona is raising up to $59,999,981.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Rajeev Shah played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Celona
Celona is an early pioneer and innovator within the multi-billion-dollar private wireless market. The company is credited with developing the industrys first fully turnkey enterprise 5G LAN system that leverages emerging shared cellular spectrum to enable companies, for the first time. To own and operate their private mobile network infrastructure. Its products and technology help organizations accelerate the adoption of business-critical applications and use cases to support a new generation of Industry 4.0 digital business initiatives. Founded in 2019 by industry leaders with technical expertise in cellular, enterprise wireless and cloud computing, the company is privately held. To date, Celona has raised $100 million from premiere investors including Qualcomm Ventures, NTT Venture Capital, Lightspeed Venture Partners, Norwest Venture Partners, Cervin Ventures and DigitalBridge. Celonas private wireless system solves long-standing wireless issues such as reliability, coverage, deterministic connectivity, quality of service, and security, not satisfied by conventional wireless technologies. Celonas private wireless system is also the first-of-its kind to tightly integrate network and radio functions full stack core software and cloud-based orchestration into a unified solution ready for direct integration within any existing enterprise network infrastructure by enterprise IT staff. It combines all the components required to enable an IT team to build their own 4G/5G wireless networks in a single package that is easy to deploy, integrate and manage at scale. Celona sells its products and technology directly and indirectly to companies around the world through a diverse network of top channel partners, managed service providers and system integrators. And our products serve as the foundation for Verizons Onsite private 5G service as well as NTTs P5G offering.

To learn more about Celona, visit http://www.celona.io/

Contact:
Rajeev Shah, Chief Executive Officer
650-575-9532
https://www.linkedin.com/in/shahrajeev/

SOURCE: http://www.intelligence360.io
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