- World’s leading mobile mesh networking platform goTenna announced it secured $24 million in funding
goTenna — the world’s leading mobile mesh networking platform — announced it secured $24 million in funding in a combination of equity and debt. The funding will be used to finance its continued growth and expansion of operations.
Founders Fund led the Series C equity investment. And Comcast Ventures and existing investors Union Square Ventures, Collaborative Fund, Walden VC, MentorTech, and Bloomberg Beta participated in the round. Silicon Valley Bank provided the debt financing for the deal.
Currently, goTenna’s mesh tactical communications system, called goTenna Pro is being used by wildland firefighters, emergency responders, military forces, law enforcement tactical units, and other government organizations around the world thus providing teams with resilient data communications and real-time position-location information even when centralized cellular networks like Wi-Fi and satellite systems fail.
The funding enables goTenna to accelerate its pursuit of a $26 billion per year public sector opportunity as well as investing in R&D of future applications of their modular mobile mesh architecture for decentralized connectivity.
“Gaps in centralized communications put lives and livelihoods at risk. As we prepare for a world with hundreds of billions of connected things, we should never again have to contend with an unconnected last mile,” said goTenna founder and CEO Daniela Perdomo. “Paired with phones or integrated into any device or machine, goTenna mesh networking turns everything in the world around us into programmable mobile infrastructure. Our vision flies in the face of telecommunications orthodoxy, which naturally aligns us with Founders Fund and other partners who thrive on challenging outdated industries.”
goTenna’s mobile mesh protocol stack called Aspen Grove — when paired with low-power, low-cost hardware, and intuitive software interfaces disrupts a limitless global market encompassing person-to-person, person-to-machine, and machine-to-machine networking.
“goTenna is fundamentally changing the game for emergency responders and military forces by enabling connectivity at all times,” added Founders Fund partner Trae Stephens. “We are excited by the growth opportunities in the public sector and beyond, and proud to support goTenna’s mission to extend the edge of connectivity around the world.”
This announcement comes on the heels of a number of additional milestones. For example, goTenna landed various multi-million-dollar U.S. government contracts for both hardware and software. And the company is also rapidly expanding to meet demand in international markets. And goTenna Pro customers include all branches of the U.S. military and most agencies within the U.S. Department of Homeland Security along with local and state organizations.
Plus goTenna has focused on creating a development platform which allows for seamless integration with industry-leading applications such as ATAK (U.S. Air Force) and LifeRing (Agis, Inc.), enabling interoperability between myriad agencies and communications systems.
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