Verizon Communications

Verizon Communications provides telecommunications, information, and entertainment services to consumers, businesses, and government customers worldwide. It delivers wireless voice and data services, broadband internet, and video offerings, as well as devices and accessories through its consumer channels. In its business segment, the company offers private networking, cloud connectivity, software defined networking, and Internet protocol based voice and collaboration tools, along with security services, managed services, and data solutions. Verizon supports enterprise and government customers with IoT solutions, installation and maintenance services, and connectivity for a range of applications. The company also furnishes wholesale network access and partners with other firms to develop innovative 5G and edge computing capabilities. Through its broader portfolio, Verizon aims to connect people and devices, delivering integrated telecommunications and digital services on a global scale.

Tom Arnost

Principal

Chris Bartlett

Vice President

Jeffrey Black

Managing Director

Thomas Camp

Principal

Marah Dudenhoeffer

Principal

Corey Gutshall

Investor

Alex Kaufman

Principal

Winston Lin

Principal

Tammy Mahn

Managing Director

Kyle Malady

Executive Vice President and CEO, Verizon Business Group

Eyal Mamistvalov

Principal

Michelle McCarthy

Managing Director

Ajay Patel

Principal

Gal Ringel

Principal

Tony Skiadas

EVP and CFO

Past deals in Wireless

Pivotal Commware

Series D in 2023
Pivotal Commware, Inc. is a technology company specializing in the development of software-defined antennas and radios that leverage holographic beamforming technology. Founded in 2016 and based in Kirkland, Washington, the company designs products aimed at enhancing network speed, capacity, and spectral efficiency. Its offerings include platforms such as beamformers and systems for 5G echo subscribers and drone beamforming antennas. Additionally, Pivotal Commware provides intelligent beam management systems that facilitate wireless communication by enabling multiple concurrent transmissions on the same frequency without interference. This technology allows wireless service providers to optimize the use of spectrum in a given area, thereby improving broadband network performance.

Verana Networks

Venture Round in 2023
Founded in 2019, Verana Networks specializes in developing innovative 5G Radio Access Network solutions for service providers who have licensed millimeter wave spectrum. Its focus is on enabling high-speed and high-capacity 5G services to drive new applications and revenue growth.

Casa Systems

Post in 2022
Casa Systems, Inc. is a communications technology company that specializes in providing innovative solutions for broadband and wireless networks across various global regions, including North America, Latin America, Europe, the Middle East, Africa, and the Asia-Pacific. Founded in 2003 and headquartered in Andover, Massachusetts, Casa Systems offers a diverse range of products, including converged cable access platforms, wireless network core products like 5G core solutions, and optical access technologies. Their offerings also encompass machine-to-machine routers, industrial Internet of Things devices, and advanced network edge solutions designed to enhance digital video and broadband IP services. By delivering software-centric infrastructure, the company enables cable service providers to efficiently offer voice, video, and data services at multi-gigabit speeds, facilitating the transition to more integrated and virtualized network architectures.

Wiliot

Series C in 2021
Wiliot is a technology company that designs wireless chipsets and battery-free smart tags that connect physical products to digital systems. Founded in 2017 and headquartered in San Diego, California, it combines semiconductor hardware with cloud services to bring connectivity to everyday items and packaging. Its platform uses radiofrequency energy harvesting to power IoT stickers, eliminating batteries and enabling lightweight tags that can be deployed across supply chains. The approach allows brands to monitor product location, usage, and replenishment, while gathering data on distribution, sales, usage, and recycling. Through battery-free Bluetooth-enabled tags that integrate with cloud services, Wiliot aims to bridge the digital and physical worlds for consumer goods, logistics, and retail applications.

CoreTigo

Series B in 2021
CoreTigo specializes in high-performance wireless connectivity solutions for industrial automation. Its products enable machine builders, integrators, and manufacturers to enhance flexibility, adaptability, and modularity in their operations, leading to cost savings, increased productivity, and reduced downtime. CoreTigo's solutions are based on the IO-Link Wireless global standard, ensuring reliable communication even in harsh factory environments.

Bluegrass Cellular

Acquisition in 2020
Bluegrass Cellular is a pioneering wireless carrier based in rural Kentucky, having launched its services in May 1991 with analog cellular network coverage. The company initiated its operations by establishing cellular sites in multiple locations, including Bowling Green, Glasgow, and Elizabethtown, and has since expanded to cover 40 counties within its licensed areas. In October 1998, Bluegrass Cellular transitioned to digital cellular services, followed by the introduction of enhanced 2G services in November 2004 and EVDO 3G high-speed data service in late 2007. The company also offers a range of customer-centric services, including a trade-in program, HD calling, DVR streaming, and flexible payment plans, emphasizing its commitment to providing reliable wireless communication in underserved regions.

Wiliot

Series B in 2020
Wiliot is a technology company that designs wireless chipsets and battery-free smart tags that connect physical products to digital systems. Founded in 2017 and headquartered in San Diego, California, it combines semiconductor hardware with cloud services to bring connectivity to everyday items and packaging. Its platform uses radiofrequency energy harvesting to power IoT stickers, eliminating batteries and enabling lightweight tags that can be deployed across supply chains. The approach allows brands to monitor product location, usage, and replenishment, while gathering data on distribution, sales, usage, and recycling. Through battery-free Bluetooth-enabled tags that integrate with cloud services, Wiliot aims to bridge the digital and physical worlds for consumer goods, logistics, and retail applications.

Straight Path Communications

Acquisition in 2017
Straight Path Communications Inc. is a telecommunications company based in Glen Allen, Virginia, that specializes in owning and licensing millimeter wave spectrum for 5G wireless services in the United States. Established in 2013, the company holds a significant portfolio of 39 GHz and 28 GHz wireless spectrum licenses, which it offers to mobile network operators and internet service providers. By leasing its spectrum licenses, Straight Path enables clients to enhance network capacity and improve the quality and speed of data transmission. In addition to its core spectrum business, the company is also involved in developing next-generation wireless technology through its subsidiary, Straight Path Ventures, and manages certain patents via its Straight Path IP Group subsidiary. As of early 2018, Straight Path operates as a subsidiary of Verizon Communications Inc.

LQD WiFi

Acquisition in 2016
LQD WiFi, LLC is a technology company based in New York that specializes in creating integrated networks of interactive community technology hubs. Founded in 2014, the company develops smart city solutions that provide ubiquitous Wi-Fi connectivity through public kiosk systems designed to engage and inform residents. These outdoor interactive displays not only offer internet access but also deliver news, emergency alerts, and community information, fostering connections among individuals, local governments, and businesses. By supporting municipalities, private developers, academic institutions, and entertainment venues, LQD WiFi aims to enhance urban environments and strengthen community ties. As of November 2016, the company operates as a subsidiary of Sensity Systems, Inc.

Veniam

Series B in 2016
Veniam is a technology company focused on enhancing future mobility and urban connectivity through intelligent networking software. It specializes in developing vehicular mesh networks that transform vehicles into Wi-Fi hotspots, thereby expanding wireless coverage in urban environments. The company supports various applications, including delivery fleets, dash-cams, telematics, connected cars, and autonomous vehicles, enabling new in-vehicle experiences and efficient data management. Veniam holds an extensive IP portfolio with over 140 issued patents, optimizing the use of various networks such as 4G/5G and Wi-Fi to facilitate the transfer of substantial data between vehicles and the cloud. Founded in 2012 and headquartered in Mountain View, California, Veniam operates an Engineering Center in Porto, Portugal, and has sales offices in Detroit, Munich, and Tokyo. Its mission is to improve lives by securely managing data flows within the emerging mobility ecosystem, often referred to as the Internet of Moving Things. Recognized as one of the most disruptive companies globally, Veniam collaborates with major fleets, automotive OEMs, and Tier 1 suppliers to drive innovation in connected mobility solutions.

Kumu Networks

Series C in 2016
Founded in 2011, Kumu Networks designs and manufactures wireless systems using innovative full-duplex technology. This enables radios to transmit and receive signals simultaneously on a single channel, improving performance and reducing complexity across various wireless devices.

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, Canada, the company specializes in automating the lifecycle management of data services across various network infrastructures, including network functions virtualization (NFV) and software-defined networking (SDN). Its flagship product, the Cortx Service Orchestrator, streamlines the ordering, provisioning, monitoring, and assurance of data connectivity services, significantly reducing manual processes. CENX's offerings encompass mobile backhaul, enterprise connectivity, cloud exchange, and machine-to-machine services. Additionally, the company provides professional services such as data audits, automated access ordering, installation, integration, and technical support, ensuring comprehensive assistance for its tier 1 service provider clients. CENX has established itself as a key player in the Carrier Ethernet market, contributing to industry standards and innovation through its involvement with the Metro Ethernet Forum.

Sweet

Seed Round in 2015
Sweet is a company focused on helping consumers lower their phone bills while maintaining quality coverage. By analyzing wireless plans, Sweet identifies potential savings for users, with many customers saving an average of over $300 per year. The sign-up process is designed to be quick and straightforward, allowing users to save time by having Sweet handle communications with phone carriers on their behalf. The company prioritizes customer privacy and security, employing advanced encryption technology to protect personal information. Sweet partners with major wireless providers to ensure nationwide coverage and reliable service, drawing on the expertise of its founders who have backgrounds in well-known companies.

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, Canada, the company specializes in automating the lifecycle management of data services across various network infrastructures, including network functions virtualization (NFV) and software-defined networking (SDN). Its flagship product, the Cortx Service Orchestrator, streamlines the ordering, provisioning, monitoring, and assurance of data connectivity services, significantly reducing manual processes. CENX's offerings encompass mobile backhaul, enterprise connectivity, cloud exchange, and machine-to-machine services. Additionally, the company provides professional services such as data audits, automated access ordering, installation, integration, and technical support, ensuring comprehensive assistance for its tier 1 service provider clients. CENX has established itself as a key player in the Carrier Ethernet market, contributing to industry standards and innovation through its involvement with the Metro Ethernet Forum.

Newlans

Series B in 2014
Newlans Inc., established in 2003 and based in Acton, Massachusetts, specializes in programmable analog signal processing solutions for the semiconductor industry. As a fabless company, Newlans develops high-quality, programmable Silicon-on-Insulator (SOI) capacitors and components, primarily serving smartphone original equipment manufacturers and radio frequency front-end module suppliers. Its products enable tunable RFFE solutions, addressing the increasing demand for flexible and efficient RF front-ends in 4G LTE devices.

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, Canada, the company specializes in automating the lifecycle management of data services across various network infrastructures, including network functions virtualization (NFV) and software-defined networking (SDN). Its flagship product, the Cortx Service Orchestrator, streamlines the ordering, provisioning, monitoring, and assurance of data connectivity services, significantly reducing manual processes. CENX's offerings encompass mobile backhaul, enterprise connectivity, cloud exchange, and machine-to-machine services. Additionally, the company provides professional services such as data audits, automated access ordering, installation, integration, and technical support, ensuring comprehensive assistance for its tier 1 service provider clients. CENX has established itself as a key player in the Carrier Ethernet market, contributing to industry standards and innovation through its involvement with the Metro Ethernet Forum.

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.

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 prominent wireless navigation and local search company that specializes in providing location-based services for mobile devices. Founded in 2000 and headquartered in Orange County, California, with additional offices in the EU, China, and Silicon Valley, the company supports major mobile partners worldwide, including Verizon Wireless, AAA, AT&T, and others. Its NAVBuilder platform is recognized as the most widely used mobile phone navigation service in North America. The platform delivers a comprehensive range of location-centric information, such as local directories, maps, turn-by-turn voice-prompted directions, traffic alerts, weather updates, gas prices, and entertainment schedules. This extensive offering enables users to access valuable information tailored to their specific locations, enhancing their mobile experience.

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 prominent wireless navigation and local search company that specializes in providing location-based services for mobile devices. Founded in 2000 and headquartered in Orange County, California, with additional offices in the EU, China, and Silicon Valley, the company supports major mobile partners worldwide, including Verizon Wireless, AAA, AT&T, and others. Its NAVBuilder platform is recognized as the most widely used mobile phone navigation service in North America. The platform delivers a comprehensive range of location-centric information, such as local directories, maps, turn-by-turn voice-prompted directions, traffic alerts, weather updates, gas prices, and entertainment schedules. This extensive offering enables users to access valuable information tailored to their specific locations, enhancing their mobile experience.

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.
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