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5G Technology Innovator Celona Raised $60M In Series C Funding Round

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Celona, a well-known corporate networking company that bridges the gap between LTE/5G cellular wireless and enterprise IT infrastructure, recently secured $60 million in a Series C financing led by DigitalBridge Ventures.

Celona was launched in 2019 and has quickly established itself as a market leader in the global private LTE/5G infrastructure sector. This industry is expected to grow more than fivefold, to almost $6 billion by 2021. Celona will launch its fully integrated 5G LAN platform in November 2020, with the purpose of assisting businesses in swiftly establishing, managing, and integrating a 5G cellular network into existing infrastructures.

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