Verizon is a leading broadband and telecommunications company that offers wireless services, devices, and solutions across the United States. It operates a robust 4G LTE network, serving over 108 million retail connections and managing more than 1,700 retail locations nationwide. In addition to voice and data services available in more than 200 locations, Verizon's online store features a wide array of products, including smartphones, tablets, mobile hotspots, and various digital content. The company also emphasizes innovation through its investment arm, Verizon Ventures, which focuses on early-stage technologies relevant to network solutions, media, and consumer sectors. By connecting entrepreneurs with its extensive ecosystem, Verizon leverages its technical expertise and market insights to foster the development of new technologies.
Pivotal Commware, Inc. specializes in the development of software-defined antennas and radio products that leverage holographic beamforming technology to enhance network speed, capacity, and spectral efficiency. Founded in 2016 and based in Kirkland, Washington, the company provides various platforms and systems, including beamformers, 5G echo subscribers, and drone beamforming antenna systems. Its innovative technology enables multiple concurrent transmissions on the same frequency without interference, facilitating the creation of broadband wireless networks. This capability allows wireless service providers to efficiently reuse the same spectrum band simultaneously within a specific spatial area, significantly improving overall communication performance.
Verana Networks
Venture Round in 2023
Verana Networks, Inc., founded in 2019 and located in Waltham, Massachusetts, specializes in developing innovative 5G Radio Access Network solutions for service providers utilizing licensed millimeter wave (mmWave) spectrum. The company focuses on this spectrum due to its potential for significant expansion in speed and capacity, essential for the successful deployment of 5G technology. Verana's equipment aims to provide gigabit wireless connectivity, enabling mobile network operators to offer enhanced 5G services such as fixed wireless access. By delivering faster speeds and increased capacity, the company supports the creation of new applications that drive incremental revenue, which is crucial for sustaining the business case for 5G.
CoreTigo
Series B in 2021
CoreTigo Ltd. specializes in developing secure wireless network systems tailored for Internet of Things (IoT) applications, particularly in industrial settings. The company's technology facilitates machine-to-machine (M2M) communication, enhancing operations in areas such as factory automation, warehouse management, and robotics. CoreTigo's product offerings include the O Link Wireless master, which enables effective data transfer and diagnostics between devices, and an IO-Link device system on module (SoM) that manages process data for actuators and sensors. By adhering to the IO-Link Wireless global standard, CoreTigo's solutions are designed to operate in challenging environments, providing reliable connectivity for a wide range of industrial devices. Their innovations promote increased flexibility, productivity, and cost-effectiveness in manufacturing processes, ultimately leading to improved operational efficiency and reduced downtime. Headquartered in Kadima, Israel, CoreTigo serves machine builders, system integrators, and industrial equipment manufacturers worldwide.
Straight Path Communications
Acquisition in 2017
Straight Path holds an extensive portfolio of 39 GHz and 28 GHz wireless spectrum licenses. Straight Path is developing next generation wireless technology through its Straight Path Ventures subsidiary. Straight Path holds licenses and conducts other business related to certain patents through its Straight Path IP Group subsidiary.
LQD WiFi
Acquisition in 2016
LQD is WiF specializes in developing smart cities and ubiquitous WiFi, providing cities with new outdoor hubs of social technology. Its technology is designed to enable communities and ignite the new fabric of urban spaces. It offers PALO designed to create an integrated network of elegant and engaging community technology hubs that connect, inform, inspire, and support people in the places they live, work, and play.
XO Communications
Acquisition in 2016
XO Communications, LLC operates a comprehensive telecommunications network in the United States, offering a range of services that include IP and Ethernet networking, voice and data communication, and cloud computing solutions. The company provides bandwidth on demand, wide area networking, Internet access, and various unified communications services such as hosted PBX and voice over IP. Additionally, XO Communications delivers managed services and security solutions, catering to enterprise, small, medium, and wholesale customers across various sectors including finance, healthcare, and retail. It also supports national and international telecommunications carriers and content providers with wholesale services like network transport and VPN access. Founded in 2000 and headquartered in Herndon, Virginia, XO Communications is a subsidiary of Verizon Communications Inc.
Veniam
Series B in 2016
Veniam is a technology company focused on enhancing future mobility and creating more human-centric environments through intelligent networking software. The company develops vehicular mesh networks that transform vehicles into Wi-Fi hotspots, expanding wireless coverage in urban areas. Veniam's solutions cater to various sectors, including delivery fleets, dash-cams, telematics, connected cars, and autonomous vehicles. With a robust portfolio of over 140 issued patents, the company optimizes data transmission across diverse networks, such as 4G, 5G, and V2X, ensuring efficient and secure communication between vehicles and the cloud. By enabling the Internet of Moving Things, Veniam aims to improve the lives of millions by facilitating smarter mobility, enhancing internet access, and collecting valuable data for smart city initiatives. Founded in 2012 and headquartered in Mountain View, California, Veniam also has an engineering center in Porto, Portugal, and sales offices in Detroit, Munich, and Tokyo.
CENX
Series D in 2015
Cenx, Inc. is a provider of service orchestration solutions for mobile, wireline, cable, and cloud data center service providers, operating in Canada and internationally. Founded in 2009 and based in Ottawa, Cenx specializes in software that automates the lifecycle management of data services across various network infrastructures, including network functions virtualization and software-defined networking. Its flagship product, the Cortx Service Orchestrator, streamlines processes such as ordering, provisioning, monitoring, and assuring data connectivity services. Cenx's offerings encompass mobile backhaul, enterprise connectivity, and cloud exchange, among others. The company also provides professional services, including data audits, cloud-based automated access ordering, installation, integration, and training, along with technical support for product-related inquiries and software maintenance. Additionally, Cenx plays a crucial role in the development of Carrier Ethernet standards, having received recognition for its innovation in the industry. The company serves tier 1 service providers and has operations in Canada, the United Kingdom, and Hong Kong.
Sweet
Seed Round in 2015
Sweet offers a streamlined solution for consumers looking to reduce their mobile phone expenses without compromising on coverage. The company identifies potential savings for users, with many customers averaging over $300 in annual savings. Sweet simplifies the process of switching carriers, allowing customers to sign up quickly while handling the complexities of carrier negotiations on their behalf. The platform prioritizes user privacy and security, employing advanced encryption to protect personal information. By collaborating with major wireless providers, Sweet ensures nationwide coverage and reliable service. The company is supported by experienced entrepreneurs from well-known firms, further enhancing its credibility in the telecommunications market.
CENX
Venture Round in 2015
Cenx, Inc. is a provider of service orchestration solutions for mobile, wireline, cable, and cloud data center service providers, operating in Canada and internationally. Founded in 2009 and based in Ottawa, Cenx specializes in software that automates the lifecycle management of data services across various network infrastructures, including network functions virtualization and software-defined networking. Its flagship product, the Cortx Service Orchestrator, streamlines processes such as ordering, provisioning, monitoring, and assuring data connectivity services. Cenx's offerings encompass mobile backhaul, enterprise connectivity, and cloud exchange, among others. The company also provides professional services, including data audits, cloud-based automated access ordering, installation, integration, and training, along with technical support for product-related inquiries and software maintenance. Additionally, Cenx plays a crucial role in the development of Carrier Ethernet standards, having received recognition for its innovation in the industry. The company serves tier 1 service providers and has operations in Canada, the United Kingdom, and Hong Kong.
CENX
Venture Round in 2012
Cenx, Inc. is a provider of service orchestration solutions for mobile, wireline, cable, and cloud data center service providers, operating in Canada and internationally. Founded in 2009 and based in Ottawa, Cenx specializes in software that automates the lifecycle management of data services across various network infrastructures, including network functions virtualization and software-defined networking. Its flagship product, the Cortx Service Orchestrator, streamlines processes such as ordering, provisioning, monitoring, and assuring data connectivity services. Cenx's offerings encompass mobile backhaul, enterprise connectivity, and cloud exchange, among others. The company also provides professional services, including data audits, cloud-based automated access ordering, installation, integration, and training, along with technical support for product-related inquiries and software maintenance. Additionally, Cenx plays a crucial role in the development of Carrier Ethernet standards, having received recognition for its innovation in the industry. The company serves tier 1 service providers and has operations in Canada, the United Kingdom, and Hong Kong.
Hughes Telematics
Acquisition in 2012
Hughes Telematics Inc. (HTI) develops a suite of information-based and wireless services that are adaptable to any sort of vehicle platform. The HTI solutions are developed to be open source architecture, with a telmatics platform "allowing for interconnectivity between multiple content providers, call centers and in-vehicle hardware platforms." Some of the HTI values include "safety and security as the foundation," "a flexible platform for enhanced multiparty services," "a comprehensive yet simple user experience," and more. HTI also customizes to Aftermarket, Manufacturer, and Fleet solutions.
Verizon Ventures
Series B in 2010
Verizon is a leading broadband and telecommunications company that offers wireless services, devices, and solutions across the United States. It operates a robust 4G LTE network, serving over 108 million retail connections and managing more than 1,700 retail locations nationwide. In addition to voice and data services available in more than 200 locations, Verizon's online store features a wide array of products, including smartphones, tablets, mobile hotspots, and various digital content. The company also emphasizes innovation through its investment arm, Verizon Ventures, which focuses on early-stage technologies relevant to network solutions, media, and consumer sectors. By connecting entrepreneurs with its extensive ecosystem, Verizon leverages its technical expertise and market insights to foster the development of new technologies.
Alltel
Acquisition in 2008
Alltel is a telecommunications company based in Rockport, Texas, that offers a wide range of wireless communication services and products for both consumers and businesses. It serves various industries, including transportation, retail, insurance, healthcare, construction, and financial services. Alltel's offerings encompass wireless voice and data communication, postpaid and prepaid calling options, roaming and long-distance services, and diverse data solutions. The company provides additional services such as text and video messaging, digital gaming, radio streaming, internet access, and email. It also delivers business intelligence, field service automation, security, and systems management solutions, along with mobile handsets and accessories. As a subsidiary of Verizon Wireless and AT&T, Alltel plays a significant role in the telecommunications landscape in North America and the Caribbean.
Rural Cellular
Acquisition in 2007
Rural Cellular was a telecommunications company
Networks in Motion
Series C in 2006
Networks In Motion is a company specializing in wireless navigation and local search solutions for mobile devices. Founded in 2000 and headquartered in Orange County, California, with additional offices in Europe, China, and Silicon Valley, the company provides a platform that delivers a variety of location-centric information. Its NAVBuilder platform is widely recognized as the most utilized mobile navigation service in North America, powering location-based services for prominent mobile partners such as Verizon Wireless, AAA, AT&T, and Sprint. The services offered include access to local directories, maps, turn-by-turn voice navigation, traffic alerts, weather updates, gas prices, and entertainment schedules, allowing users to efficiently obtain relevant information based on their location.
Qwest Wireless Spectrum - Network Assets
Acquisition in 2005
Qwest Wireless Spectrum - Network Assets includes spectrum licenses in 62 markets in 14 western and mid-western states, covering a population of 30.8 million people. These licenses, all in the 1900 MHz PCS frequency range, average nearly 10 MHz per market. The transaction also includes Qwest Wireless' network switching centers, cell sites and related network equipment, which operate on the CDMA standard, the same as the Verizon Wireless network.
Networks in Motion
Series B in 2004
Networks In Motion is a company specializing in wireless navigation and local search solutions for mobile devices. Founded in 2000 and headquartered in Orange County, California, with additional offices in Europe, China, and Silicon Valley, the company provides a platform that delivers a variety of location-centric information. Its NAVBuilder platform is widely recognized as the most utilized mobile navigation service in North America, powering location-based services for prominent mobile partners such as Verizon Wireless, AAA, AT&T, and Sprint. The services offered include access to local directories, maps, turn-by-turn voice navigation, traffic alerts, weather updates, gas prices, and entertainment schedules, allowing users to efficiently obtain relevant information based on their location.
Verizon Avenue (dba Verizon Enhanced Communities)
Acquisition in 2000
Verizon Avenue Corporation is a provider of Internet, TV, and phone services to single- and multi-family residential communities, co-ops and condominiums, and multi-tenant commercial properties in the United States.
GTE
Acquisition in 1998
GTE is a provider of telecommunication products and services in the United States. It was formally known as General Telephone & Electronics Corporation. GTE operates in Canada via companies such as BC TEL and Quebec-Téléphone. Prior to GTE's merger with Bell Atlantic, GTE also maintained an interactive television service joint-venture called GTE mainStreet. GTE was established in 1918 and is based in Stamford, Connecticut.
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