Movandi Ups Funding To $29.6M, Round Targeted At $35.8M
socalTECH
AUGUST 25, 2020
Irvine-based hardware maker Movandi , a developer of millimeter wave, wireless technology used for 5G networks, has upped its recently announced funding round to a total of $29.6M, according to a regulatory filing from the firm on Monday, and still hopes to raise as much as $35.8M in the round. Movandi had announced its Series C in April, saying it had raised $27M from WRVI Capital, and also included Cota Capital and DNX Ventures.
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