Banner Before Header
Browsing Tag

open virtualized RAN

Altiostar Closes $114 Million Round to Accelerate Open Cloud-Native 4G/5G Mobile Networks

Company Receives Investment from Rakuten, Qualcomm Ventures & Tech Mahindra Altiostar, the pioneer in open virtualized RAN (open vRAN) technology, announced that it has closed a $114 million Series C round of financing with Rakuten coming on board as an investor. In early 2018, Qualcomm Ventures LLC and Tech Mahindra also participated in the C-round as investors. This financing will be used to expand Altiostar's virtual RAN solution to encompass 4G and 5G products allowing telecom operators to build end-to-end…