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Private 5G Innovator Celona Closes Series B Round Led by NTTVC and Qualcomm Ventures to Expand and Fuel Private Mobile Network Growth Continued growth and investment driven by explosive market demand by businesses to leverage the CBRS spectrum in the United States GlobeNewswire October 26, 2020 CUPERTINO, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- Celona, the first enterprise networking company to bridge the gap between LTE/5G cellular wireless and enterprise IT infrastructure, today announced it has closed a $30 million Series B round of funding. The round was led by NTTVC and Qualcomm Ventures LLC with participation from Celona’s initial investors: Lightspeed Venture Partners, Norwest Venture Partners and Cervin Ventures. The new round of financing brings Celona’s total capital investment to date to $40 million USD.
Source: AsiaOne