Founded by industry veterans with extensive experience in virtualized LTE core networks and Radio Access technologies - Ranzure is focused on paving the way for seamless superfast 5G networks. Ranzure is backed by LiveOak Venture Partners and Mitel. In addition to the funding from Mitel, Ranzure Networks will license Mitel Mobile technology in the area of Evolved Packet Core to support service providers as they build 5G networks for the Internet of Things. Ranzure is based in Richardson, Texas, with additional development centers in Ottawa, Canada and Bengaluru, India.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 10/14/16 | $13,000,000 | Series A |
LiveOak Venture Partners Mitel | undisclosed |
