Federated Wireless, a leader in shared spectrum and CBRS technology, has secured $58 million in Series D funding. An affiliate of Cerberus Capital Management, L.P. (Cerberus) led the round, with existing investors Allied Minds (LSE: ALM) and GIC, Singapore's sovereign wealth fund, also participating.

Formed in 2012, Federated Wireless, Inc. is developing scalable wireless infrastructure solutions to extend the access of carrier networks. The company's dynamic Spectrum Access Service (SAS) platform focuses on the distribution of licensed shared spectrum. Its approach incorporates a neural network of radio sensors that allow for interference-free access to low-cost, high-quality licensed spectrum, and breaks down traditional barriers of high-cost, exclusive spectrum. The company's differentiated business model creates opportunities for more efficient approaches to spectrum.