- This financing, which consists of multiple strategic investors, will allow Federated Wireless to support and drive the shared spectrum eco-system.
- Investment enables Federated Wireless to execute its Go To Market strategy with cushion.
- The transaction solidifies the strategic partners’ commitment to the new disruptive paradigm and leading the market adoption.
Overview
Federated Wireless, a leading provider of software solutions enabling the shared spectrum paradigm, raised $42MM from key strategic investors including Charter Communications (NASDAQ: CHTR), American Tower Corporation (NYSE: AMT), ARRIS International plc (NASDAQ: ARRS) and GIC, Singapore’s sovereign wealth fund.
Significance
Catapult’s role
- The Catapult team served as Federated Wireless’ financial advisor, supporting the development and execution of the Company’s financing strategy.
- Catapult Advisors conducted a broad outreach resulting in an oversubscribed round.